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
-
From construction site to top of class: Daniel Doe emerges Legon’s best Computer Engineering student
6 minutes -
Mahama: Peaceful political transitions prove democracy can work in Africa
9 minutes -
“The law must work” – NDC rejects claims Salomey Baffoe’s bail denial is diversion from cocaine scandal
20 minutes -
Police arrest two suspects over murder of Senegalese goalkeeper
20 minutes -
TVET Service, Bank of Ghana explore partnership to boost skills development
1 hour -
Ghana TVET Service, OR Foundation partner to promote sustainable fashion
1 hour -
Achimota, Accra Academy, PRESEC Osu qualify for next stage of National Public Speaking Event
1 hour -
NCPTA challenges GES directive on PTA dues, cites High Court injunction
1 hour -
Majority opposes parliamentary probe into cocaine busts while investigations continue
2 hours -
Salomey Baffoe detention is a facade to divert attention from cocaine scandal – Weija-Gbawe MP
2 hours -
Francis-Xavier Sosu is doing well after GIMPA incident – Office
2 hours -
Deputy Minority Leader appeals to First Lady, Vice President over Salomey Baffoe’s detention
2 hours -
Ecobank Group commits US$2.6bn to women-led businesses and agribusinesses across Africa
2 hours -
Ghana to host high-level conference on scaling education initiatives in emergencies
3 hours -
Democracy must not be for sale: Who pays for Ghana’s politics, and how do we confront money, influence and accountability?
3 hours