Audio By Carbonatix
The Government of Ghana has commended all bondholders who have so far tendered their bonds.
In a statement signed by the Finance Minister, Ken Ofori-Atta, the government, however, expressed concern about the technical challenges some bondholders face as they tried to complete the online tender process.
As a result, the government said it was providing bondholders with a window to complete processes for tendering their bonds, in response to the terms of Exchange as amended pursuant to the 2nd Amended and Restated Exchange Memorandum.
This window ends on Friday February 10, 2023 at 4:00 pm (GMT).
The timetable of the Exchange is not otherwise affected by this, except for the announcement date which is now expected to occur on Monday, February 13, 2023.
The settlement of the Exchange is also still scheduled for Tuesday, February 14, 2023.
“Except as set forth in this paragraph, the terms and conditions of the Exchange are not modified or amended’, the statement added.
All Eligible Bondholders who were unable to complete the process have been urged to visit the website of the Central Securities Depository (www.csd.com.gh/dde) to complete the process.
Latest Stories
-
Heavy police presence in Sydney for New Year’s celebrations after Bondi attack
25 minutes -
Ghana not experiencing ‘dumsor’ despite occasional outages – Analyst
28 minutes -
ESLA stabilised energy sector but legacy debt remains major challenge – Analyst
29 minutes -
Peter Obi dumps LP, defects to ADC
48 minutes -
Proposed 5-Year Presidential Term Could Break Ghana Tradition of 8-Year Mandate
49 minutes -
Ghana Airways technical completion paves the way for a triple threat economic reset
57 minutes -
Cedi depreciation marked most disastrous period in Ghana’s economic management – Felix Kwakye Ofosu
1 hour -
Walewale, Bolgatanga police investigate deadly checkpoint shooting
1 hour -
Taxpayers to pay less under revised VAT structure from 2026 — GRA
1 hour -
Bullish Andre Ayew talks up NAC Breda challenge
2 hours -
Cybersecurity Authority warns public against festive season parcel delivery scams
2 hours -
Andre Ayew joins Dutch side NAC Breda till end of season
2 hours -
It’s fair to say that the gov’t has started well on economic management – Oppong Nkrumah
2 hours -
Mahama inherited the worst economic situation in Ghana’s history, supervised by the NPP – Felix Kwakye Ofosu
2 hours -
Erasmus+ exposure can help cut youth unemployment – Ashanti region NSS director
2 hours
