Congo Republic Raising $1.5 Billion in Credit-Linked Notes to Fund Infrastructure Projects

Republic of Congo plans to sell as much as $1.5 billion of credit-linked notes to fund infrastructure projects in the central African country.

The notes will have an average maturity of 6.5 years and pay annual interest of 6 percent to 6.5 percent, Frontera Capital BV, which is arranging the transaction, said in an e-mailed statement.

Read more: Congo Republic Raising $1.5 Billion in Credit-Linked Notes – Bloomberg.

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