IFLR1000

Republic of Benin €500 million 5.75% sovereign bond issue

19/3/2019
Sovereign bond issue
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€ 500 million

$ 552.603 million

Completed

19/3/2019

Overview:

  • The Republic of Benin has issued a €500 million 5.75% sovereign bond. 
  • Citigroup Global Markets Limited, Natixis and Société Générale acted as underwriters.
  • The notes are due in 2026.
  • This was the first ever sovereign debt issuance by the Republic of Benin.

Laura Mendes - Researcher 

Jurisdiction:

France

Deal type:

Sovereign bond issue

Practice area:

Capital markets : Debt

Governing laws:

England and Wales
France

Industry sector:

Government and public policy

Firms:
A&O Shearman

Party: Citigroup Global Markets (Underwriter)

Party: Natixis (Underwriter)

Party: Societe Generale (Underwriter)

Lawyer: Diana Billik

Cleary Gottlieb Steen & Hamilton

Party: Republic of Benin (Issuer)

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