Gabon upsizes and prices $920m seven-year Eurobond due 2033 at 9.375% after strong demand
On 30 July 2026 Gabon priced and upsized a seven-year US$ Eurobond to US$920 million (maturing 2033) with a 9.375% coupon after an order book above US$1 billion, exceeding an initial US$750 million target and expected to settle around 5 August 2026.
The desk brief
On 30 July 2026 Gabon priced and upsized a seven-year US$ Eurobond to US$920 million (maturing 2033) with a 9.375% coupon after an order book above US$1 billion, exceeding an initial US$750 million target and expected to settle around 5 August 2026.
The transaction establishes a fresh seven-year USD benchmark for Gabon and Central/West African issuers, offering a new reference tenor and observable coupon/yield for peers. Conditional on publication of the bonds issue price/reoffer yield, the paper can inform secondary pricing and new issuance terms across comparable CEMAC credits, but does not by itself demonstrate spread compression without published reoffer yields or market trades.
Publication of the bonds issue price/reoffer yield and the expected settlement around 5 August 2026.
Sources & verification
Verified briefSupported by 5 independent publishers.
- Gabon Raises $920 Million Eurobond, Exceeding Initial Target by 22.7%ecofinagency.com (opens in a new tab)
- Cygnum Capital - Gabonese Republic Returns to Financial Markets and Secures $920M in Seven-Year Eurobond Dealcygnumcapital.com (opens in a new tab)
- Gabon Eurobond Raises US$920 Million Despite Junk Credit Ratingriotimesonline.comSource published (opens in a new tab)
- Dabafinance - Gabon Secures $920M in Seven-Year Eurobond Dealdabafinance.comSource published (opens in a new tab)
- Gabon raises US$920m Eurobond as investors show renewed appetite - Africa Business Insightafricabusinessinsight.comSource published (opens in a new tab)
Public references supporting this brief.
Price Discovery
Gabon sovereign curve
Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.
- Gabon 31Feb 203181.18812.422%
- Gabon 31 NovNov 203180.37512.310%
- Gabon 34Oct 203479.50014.101%
Indicative levels only. Full bid/ask context and trading actions remain inside MSA Trader.
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