Gabon prices US$920m seven‑year Eurobond, upsized from US$750m target
On 30 July 2026 Gabon priced a seven‑year international Eurobond for US$920 million (up from a US$750m target), carrying a 9.375% coupon and a three‑year principal grace period; the deal was oversubscribed and is expected to settle around 5 August 2026.
The desk brief
On 30 July 2026 Gabon priced a seven‑year international Eurobond for US$920 million (up from a US$750m target), carrying a 9.375% coupon and a three‑year principal grace period; the deal was oversubscribed and is expected to settle around 5 August 2026.
The transaction re‑establishes a mid‑duration CEMAC sovereign reference in the 5–10y segment and increases US dollar sovereign supply from Gabon, which may influence secondary spreads for nearby oil‑linked credits (eg Congo, Cameroon). The coupon remains high and the effective yield is undisclosed, so the true relative cost versus peers will depend on the reoffer yield and settlement details.
Settlement around 5 August 2026 and publication of the bond’s issue price/reoffer yield.
Sources & verification
Verified briefSupported by 5 independent publishers.
- Gabon Eurobond Raises US$920 Million Despite Junk Credit Ratingriotimesonline.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)
- Gabon Raises $920 Million Eurobond, Exceeding Initial Target by 22.7%ecofinagency.com (opens in a new tab)
- Dabafinance - Gabon Secures $920M in Seven-Year Eurobond Dealdabafinance.comSource published (opens in a new tab)
- Gabon Raises $920 Million Eurobond, Exceeding Target Despite High Borrowing Costs - Business in Cameroonbusinessincameroon.com (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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