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
-
GTEC orders University of Ghana to comply with approved fees or face sanctions
7 minutes -
Black Star International Film Festival appoints Aba Arthur as Diaspora Ambassador
17 minutes -
Opponents dazed by our support in Northern region – Bawumia Campaign denies coersion claim
31 minutes -
US to suspend visa processing for 75 nations, State Department says
37 minutes -
Prisons Service to produce sanitary pads, uniforms and furniture for schools
41 minutes -
AFROSON1C X storms Accra with sold-out show
45 minutes -
Ghana, Canada strengthen immigration cooperation as 2026 FIFA World Cup approaches
53 minutes -
US pulling some personnel from Qatar air base, official tells CBS
1 hour -
Star Oil pays GH¢ 2.6 billion in taxes and levies for 2025
1 hour -
The Uncertainty of Precision: How VAR Mirrors the Heisenberg Uncertainty Principle in Football
2 hours -
Paradigm Initiative condemns internet shutdown ahead of Uganda elections
2 hours -
Jospong’s sustainability drive deserves more spotlight nationally and internationally – Dr Gloria Kusi
2 hours -
Black Sherif gives 2025 a perfect score: “100 out of 100”
2 hours -
GIADEC, Metalloid and GIBDLC secure $60m facility to advance Nyinahin bauxite project
2 hours -
CAF Trophy Hunt: Win Samsung Galaxy Z Fold7, Xbox Series X, Apple iPad Air and other prizes in 1xBet promo!
2 hours
