Ghana to Meet Investors This Week to Test Eurobond Demand

  • Ministry may return at later date if price demands are high
  • Tough budget obligations behind request for bridge finance
Road traffic on a busy highway in Accra, Ghana.Photographer: Ty Wright/Bloomberg
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Ghana will meet investors later this week to gauge appetite for its proposed sale of as much as $3 billion in Eurobonds, according to two people familiar with the matter.

Officials will organize meetings in Boston, New York and London from Wednesday, said the people, who asked not to be identified because they’re not authorized to speak publicly about the matter. If the feedback is favorable it may lead to an immediate issuance, but the ministry will return at a later date if price demands are too high, the people said.