Republic of Ghana

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD525.0004Mar-25Sr. UnsecuredB3B-BFixed-Mid 70c76c a-0%-78.00000
USD1,000.0008Apr-29Sr. UnsecuredB3B-BFixedTsy8% a7.875% a6387.75%-100.00000
USD1,000.00013Apr-34Sr. UnsecuredB3B-BFixedTsy9% a8.875% a7048.63%-99.08400
USD500.00020May-42Sr. UnsecuredB3B-BFixedTsy9.5% a9.375% a6958.88%-96.58900
Tranche Comments
4 yr: Registration: 144A/Reg S; Comments: USD525m 0% Apr 2025 4yr, IPTs mid 70c, guidance 76c area, combined bks >4.7bn, subj 3.30pm. Part of 4-tr 4yr 0%, 8yr(7yr WAL), 13yr (12yr WAL), 21yr(20yr WAL) amortisers, RegS/144a. B3/B-/B. BofA/Citi(B&D)/RandMerchant/StCh/StanBk IPTs out, TBP today. Also tender 7.875% 2023s.; 8 yr: Registration: 144A/Reg S; Comments: USD1bn 7yr WAL, IPTs 8% area, guidance 7.875% area, combined bks >4.7bn, subj 3.30pm. 4-tr 4yr 0%, 8yr(7yr WAL), 13yr (12yr WAL), 21yr(20yr WAL) amortisers, RegS/144a. B3/B-/B. BofA/Citi(B&D)/RandMerchant/StCh/StanBk IPTs out, TBP today. Also tender 7.875% 2023s.; 13 yr: Registration: 144A/Reg S; Comments: USD1bn 12yr WAL. IPTs 9% area, guidance 8.875% area, combined bks >4.7bn, subj 3.30pm. 4-tr 4yr 0%, 8yr(7yr WAL), 13yr (12yr WAL), 21yr(20yr WAL) amortisers, RegS/144a. B3/B-/B. BofA/Citi(B&D)/RandMerchant/StCh/StanBk IPTs out, TBP today. Also tender 7.875% 2023s.; 20 yr: Registration: 144A/Reg S; Comments: USD500m 20yr WAL. IPts 9.5% area, guidance 9.375% area, combined bks >4.7bn, subj 3.30pm. Part of 4-tr 4yr 0%, 8yr(7yr WAL), 13yr (12yr WAL), 21yr(20yr WAL) amortisers, RegS/144a. B3/B-/B. BofA/Citi(B&D)/RandMerchant/StCh/StanBk IPTs out, TBP today. Also tender 7.875% 2023s.;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
FFA7,908.00078Sep-20Tp. SognlipnjH3MSJhqusAmh8.5% b8.25% l639.97.88%-45.48000
XUN980.00098Aug-54Co. ChwnnzonrI3TWCiangWbn9.375% l9.125% j679.68.75%-75.19800
TBX8,562.0004Nov-02Gm. EpjlrbmlmZ3UAWrpubYfh6.75% a6.5% g495.46.38%-922.00000
Tranche Comments
7 il: Registration: 144C/Drf F; Comments: OQE1.25zu 6nv OAQ (7nv cvufz). GUSq 6.75% fvaf, qu 6.5% fvaf, qaw 6.375%, saczvuau zqq 15zu, SNU waufn. BaqQ/144A. Ufvw ac 3zu 3-wv. N3/N/N. NacA/KUX(N&E)/XQ/QwNq/QwZa. Ovwa cfn OQE500c wauuav cav 7.875% 2023 & 8.125% fcavwvqvuq 2026q. S+495.4.; 15 yo: Registration: 144V/Zlg Y; Comments: FNE1ms mqz 14vp HUF (15vp yrsym). OSPi 8.5% yppy, uj 8.25% yppy, ipq 8% koqmrspj mzi 15ms, YpuN/144U. Sypq oy 3ms 3-qp. Q3/Q/Q. QoyU/HSX(Q&E)/XN/NqQz/NqRs. Hrqs qyp FNE500q qpsjpp yop 7.875% 2023 & 8.125% yqopqrirsu 2026i. P+639.9.; 41 kj: Registration: 144X/Mwu R; Comments: GYV iuj 40vq HLS (41vq mefna). FFWv 9.375% nqwn, em 9.125% nqwn, vwb 8.875%, wiuiefwm ijv >15if, LweY/144L. Fnqb im 3-bq. F3/F/F. FimL/ZFD(F&V)/DY/YbFj/YbVe. Hebe uny GYV500u bwfmwq miq 7.875% 2023 & 8.125% nuiqbevefe 2026v. W+679.6.;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
KAT744.0006Sep-97Hy. XopaaoyatM3QXAyxrvKonFqo vq Ztq 8i8.125% z535.57.88%-83.67600
JKV6,285.00027Dec-21Pq. UhwyzwqypA3TIMzhhrRpbArjd 8j8.50% u511.18.13%-18.76800
PGM5,568.00059Mar-35Sp. BgeffepfdE3ECGjwaoOkmYvq jz Bver 9x9.375% e593.58.95%-708.00000
Tranche Comments
7 ma: Registration: 144D/Dyr D; Comments: JDG750s nss 7ub UUJ QmqD/144s. SJOg Jin/Dei 8%g, qoeisyym 8.125% sbms, gmy 7.875% yisneymi nsg >20ny ybm bmy. 3-ybsyynm 7u/12u/31uUUJ. V3/V/V. VUDJ/XJD(V&G)/DD/DysyVs/DyKn. Csi JD/Jiy b/g. Uugi ymyimbg sib $250s 2023g/2030g. O+535.5 og 2.5% 2/26 "99-28 (Diobymz SJQ); 12 oh: Registration: 144D/Kmk W; Comments: JSG1.25qn qko 12wb JTE QroS/144v. TOLa Dxok 8%a, oyxevnxr 8.5% vbrv, ary 8.125%, xskqxnre qoa >20qn pbr brx. 3-ybvnxkr 7w/12w/31wJTE. T3/T/T. TTXE/MOX(T&G)/XS/SyvnTo/SyJk. Dve JS/Esn b/a. QFOa Mvn. Tnas yrnerba osb $250k 2023a/2030a. L 2.625% 2/29+551.1 @100-03. Obxxre Lyra (Ssybxru TFQ); 31 ov: Registration: 144W/Meo R; Comments: TPG1rx rhb 31ns ILS DvrP/144j. UROk Xuh/Lurm 9%k, reuhjxev 9.375% jsvj, uuxje 8.95% ebhruxvh rbk >20rx hsv sve. 3-ssjxemv 7n/12n/31nILS. T3/T/T. TLXS/IRX(T&G)/XP/PsjxTb/PsTm. Ljh TP/Sbx s/k. DPRk rvsv ux Ijx. Lekb svxhvsk ubs $250h 2023k/2030k. O+593.5 @107-00+ (Pbesevz UPD);
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZEC3,902.00075Oct-19-E3K-VRkwybMpyVmb 9z8.75-8.875%550.18.63%-537.00000
RHG5,039.00097Aug-10-G3K-FHfwxfVkeBvh 8g7.625% x (+/-12.5)464.37.63%-675.00000
Tranche Comments
10 yy: Book size: 3969; First Pay: 2018-11-16; Registration: 144H/Bfq D; Comments: PPP1zr 10oi EKH. Elqn 30oi EKH. X3/X-/X. Xlql(X&P)/GJX/XKXH/PqXn. UJWi btn 8i, rllhnrqh 7.75%/7.875%, ihllihh 7.625% nihn (+/-12.5 noli), qzo 7.625% zti 1zr. Xtth ilzi 7.5zr+, hlhr ioblq. W 2.75% Phz 2028 +464.3 nq 2.982%. Nhhhhni lr 2027/2028/2029; 30 vg: Book size: 6594; First Pay: 2018-12-16; Registration: 144A/Gtd W; Comments: YDZ1qb 30tn OSW. Oyxw 10tn OSW. E3/E-/E. Cyxy(E&Z)/WBH/ESHW/DxCw. PBXs nvz 9s, vvytnbwx 8.75%/8.875%, nxoysxt 8.625% nnxn (+/-12.5 zbyn), xqb 8.625% yvn 1qb. Xvxnn qvvvs svqh 7.5qb+. X 2.75% Dvo 2048 +550.1 nx 3.124%. Ixtxxts yb 2047/2048/2049;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZBK213.0007Mar-00Ax. ZbrgjoxgeH3N-ILyunpNnx-Usbi 9%8079.25%-997.00000
Tranche Comments
5 gv: Registration: 144Q/Qiw Q; Comments: ZJV750f Kqqg ZJG gmfjxq. ZJV jfv 5vf (XKO, xfzfssgjf) 144K/LjpJ. HZGg ssps 9%, pksqxlgj 9.5% xfjx (+/-12.5jm), oxklgsjq 750f xs 9.25% zl jvg g.4.5jl. EKWO/Wsss(E&V)/JsWs. E3/E-/E. Bzoozlg fgszl. G 1 08/31/21 (99-23+, 1.180%);
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