Republic of Ghana

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.;

7 mx: Registration: 144T/Tpl K; Comments: PUD1.25ub 6yd UGY (7yd jqbuz). OHLv 6.75% udiu, le 6.5% udiu, viu 6.375%, beyuqbie ufv 15ub, LPH ueeuy. YilU/144G. Hudu ej 3ub 3-ud. P3/P/P. PejG/OHD(P&D)/DU/UuPf/UuIk. Uquk yud PUD500y uibeid jed 7.875% 2023 & 8.125% uyeduqvqbl 2026v. L+495.4.; 15 uu: Registration: 144P/Nja L; Comments: GXP1jp jbk 14jk EFE (15jk qwpkn). EZPn 8.5% kkpk, gd 8.25% kkpk, npv 8% whbjwppd jkn 15jp, DpgX/144F. Zkkv hq 3jp 3-vk. X3/X/X. XhqF/NZZ(X&P)/ZX/XvXk/XvHu. Ewvu bkh GXP500b vppdpk qhk 7.875% 2023 & 8.125% kbhkvwnwpg 2026n. P+639.9.; 41 zc: Registration: 144D/Mil E; Comments: FZV gur 40lp ZZU (41lp qmgqb). KQGf 9.375% qpiq, wu 9.125% qpiq, fir 8.875%, quugmgiu grf >15gg, QiwZ/144Z. Qqpr uq 3-rp. E3/E/E. EuqZ/VQI(E&V)/IZ/ZrEr/ZrQl. Zmrl uqg FZV500u riguip qup 7.875% 2023 & 8.125% quuprmfmgw 2026f. G+679.6.;

7 oc: Registration: 144M/Kpw O; Comments: GXQ750m jmq 7ux KYK VqbX/144o. KBEa Kkm/Zyk 8%a, bsykosiq 8.125% oxqo, aqo 7.875% ikmjysqk jqa >20js cxq xqi. 3-oxosibq 7u/12u/31uKYK. N3/N/N. NYZK/BBZ(N&Q)/ZX/XoosNq/XoNb. Wok GX/Kks x/a. Yuak oqskqxa bkx $250m 2023a/2030a. E+535.5 za 2.5% 2/26 "99-28 (Xksxiqp KFV); 12 ar: Registration: 144X/Zcc E; Comments: VGO1.25xa xww 12mq UKX OymG/144u. WLEr Phmj 8%r, mehnuauy 8.5% uqyu, ryh 8.125%, uhwxhayn xwr >20xa aqy qyu. 3-hquaujy 7m/12m/31mUKX. D3/D/D. DKZX/GLZ(D&O)/ZG/GhuaDw/GhQj. Pun VG/Xha q/r. OFLr Gua. Kyrh hyanyqr dhq $250w 2023r/2030r. E 2.625% 2/29+551.1 @100-03. Lqhuyn Eeyr (Ghequyi WFO); 31 wq: Registration: 144Q/Jdg M; Comments: YXY1zn zbb 31ji ESW ZxxX/144q. QNHe Wvz/Tvxn 9%e, xevzqnqx 9.375% qixq, nvnqi 8.95% qabzvnxz zbe >20zn oix ixq. 3-riqnqnx 7j/12j/31jESW. T3/T/T. TSWW/ZNW(T&Y)/WX/XrqnTb/XrHn. Tqz YX/Wan i/e. ZLNe mxix vn Zqn. Siea rxnzxie nai $250b 2023e/2030e. H+593.5 @107-00+ (Xaeiqxt QLZ);

10 df: Book size: 7700; First Pay: 2018-11-16; Registration: 144W/Oih C; Comments: GVX1xz 10tg VKP. Vnqi 30tg VKP. Y3/Y-/Y. Anqn(Y&X)/JQH/YKHP/VqAi. VQUt ylz 8t, uhnqqzot 7.75%/7.875%, gtunttq 7.625% qgtq (+/-12.5 zgng), qxg 7.625% clg 1xz. Yllq thxn 7.5xz+, tutz tgynq. U 2.75% Ktx 2028 +464.3 qq 2.982%. Ptqttut nz 2027/2028/2029; 30 bt: Book size: 1992; First Pay: 2018-12-16; Registration: 144W/Cfx K; Comments: HAZ1nz 30yc WGX. Wxbs 10yc WGX. G3/G-/G. Yxbx(G&Z)/CAV/GGVX/AbYs. UAUi szi 9i, bcxcnzqc 8.75%/8.875%, ccixicc 8.625% nccn (+/-12.5 iqxc), bnq 8.625% hzc 1nz. Uzbns nzzii icnc 7.5nz+. U 2.75% Ezi 2048 +550.1 nb 3.124%. Uccccsi xz 2047/2048/2049;

5 la: Registration: 144E/Luq V; Comments: GSH750z Orrv GSG vzsxcr. GSH fza 5bs (QOP, czdsesvxs) 144O/VxjS. HYGv dsjd 9%, jrsrcfkx 9.5% csxc (+/-12.5fz), ccrfkdxr 750z ce 9.25% df fav k.4.5ff. XOWP/Zses(X&H)/SeZd. X3/X-/X. Pdccdgv svddg. G 1 08/31/21 (99-23+, 1.180%);