June 15, 2017 / 7:02 AM / 2 years ago

Ivory Coast says long dated Eurobond raised $1.25 bln, 625 mln euros

Ivory Coast Prime Minister Amadou Gon Coulibaly is seen in the Presidential Palace in Abidjan, Ivory Coast January 10, 2017. REUTERS/Thierry Gouegnon

ABIDJAN (Reuters) - A Eurobond that Ivory Coast launched this month raised $1.25 billion in 16-year debt and 625 million euros in 8-year paper, the prime minister said on Wednesday.

Prime Minister Amadou Gon Coulibaly said the “success of the operation bears witness to the confidence of international markets in the leadership of President Alassane Ouattara,” according to a statement from his office.

The Eurobond had originally been planned at $1 billion.

Reporting by Loucoumane Coulibaly; writing by Tim Cocks; editing by Mark Heinrich

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