.jpg)
The Republic of Angola has successfully issued a new 10-year US$1.75bn 8.75% Eurobond coupled with a strategic Liability Management exercise in which it partially repurchased short-dated, high coupon Eurobonds (Angola 9.5% 2025) via a tender offer.
This transaction represents Angola’s successful return to the Eurobond market after over 2 years of absence and ties as the largest ever Eurobond issuance of the Republic
This transaction has highlighted the outstanding interest in Angola’s credit in spite of increased market volatility, with an orderbook reaching a peak of US$4bn from over 190 investors, representing a 2.3x oversubscription rate.
Lion's Head Global Partners acts as the international financial advisor for the Republic of Angola.
Lion’s Head Group Limited is registered in England and Wales Company Number 11312267
This website is operated and issued by Lion's Head Group Ltd, of which it's two main subsidiaries, LHGP Asset Management and Lion's Head Global Partners, are authorised and regulated by the Financial Conduct Authority (12 Endeavour Square, London E20 1JN) in the UK.
No company in the Lion’s Head Group is registered as an investment adviser in the United States, and this website should not be viewed as a solicitation of prospective investment advisory clients or investors from the United States.
The information contained in this website is for general information purposes only. The information is provided by Lion's Head Group Ltd and whilst we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of Lion's Head Group Ltd. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, Lion's Head Group Ltd takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.