Ivory Coast

Ivory Coast has begun marketing a Eurobond, signaling a re-entry into a market closed to Sub-Saharan African borrowers for almost two years. The nation has appointed several leading banks, including an investor call. The offer will potentially include two bonds: a sustainability bond with an 8-year weighted average life and a conventional bond with a 12-year weighted average life. Ivory Coast is also planning a tender offer for its existing 2025 5.125% EUR notes and a capped tender offer for its 2032 step-up bonds, contingent on the success of the new offering.