Cote d'Ivoire CFEFr150 billion sovereign sukuk issue

Overview:

• The Government of Côte d’Ivoire's has undertaken its first sukuk (Islamic bond) issue.
• The deal is structured as an amortising sukuk al ijarah (lease) and is targeted at local banks and institutional investors. 
• The bond matures in August 2020.
• Cleary Gottlieb Steen & Hamilton advised the issuer.
• Hogan Lovells advised the arranger.
• Cabinet Adama Kamara acted for both arranger and issuer as local counsel.

Further information

Prospectus