The Republic of Angola’s $3 billion Notes Offering

Norton Rose Fulbright has advised The Republic of Angola on its second international bond issuance totalling US$3 billion, constituting one of the largest sovereign bonds ever issued in Sub-Saharan Africa.

The transaction entailed the issuance of US$1.75 billion 10-year bonds with a coupon of 8.25 per cent, and US$1.25 billion 30-year bonds with a coupon of 9.375 per cent, which have been admitted to trading on the regulated market of the London Stock Exchange.

Norton Rose advised with a team including Peter Young (Picture), Madhavi Gosavi, Vishal Mawkin, Tudor Plapcianu and Tomisin Mosuro.

 

Involved fees earner: Peter Young – Norton Rose Fulbright; Madhavi Gosavi – Norton Rose Fulbright; Vishal Mawkin – Norton Rose Fulbright; Tudor Plapcianu – Norton Rose Fulbright;

Law Firms: Norton Rose Fulbright;

Clients: Republic of Angola;