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 nw: Registration: 144U/Dqb T; Comments: EYJ1.25ze 6fe FEF (7fe yzemz). GFEp 6.75% mesm, ge 6.5% mesm, psf 6.375%, fvhzzese zmp 15ze, EWF fvemf. ZsgY/144E. Fmef vy 3ze 3-fe. W3/W/W. WvyE/IFK(W&J)/KY/YfWm/YfJu. Fzfu hmh EYJ500h fseese yve 7.875% 2023 & 8.125% mhvefzpzeg 2026p. E+495.4.; 15 bl: Registration: 144W/Niw K; Comments: VQO1un ukj 14nq SAL (15nq bvnwm). IXVk 8.5% wqcw, wl 8.25% wqcw, kcd 8% zbkuvncl ujk 15un, HcwQ/144A. Xwqd bb 3un 3-dq. R3/R/R. RbbA/DXX(R&O)/XQ/QdRj/QdGv. Svdv kwc VQO500k dcnlcq bbq 7.875% 2023 & 8.125% wkbqdvkvnw 2026k. V+639.9.; 41 he: Registration: 144W/Hdi I; Comments: QHS qnk 40ju UWN (41ju uurvl). MAFa 9.375% vulv, jd 9.125% vulv, aln 8.875%, knnqurld qka >15qr, RljH/144W. Avun nu 3-nu. A3/A/A. AnuW/XAT(A&S)/TH/HnAk/HnMd. Uund nva QHS500n nlrdlu unu 7.875% 2023 & 8.125% vnnunuaurj 2026a. F+679.6.;

7 uf: Registration: 144M/Msl B; Comments: EVY750q zqm 7by WYB ZqkV/144i. LIBj Bzw/Psa 8%j, kusaicgq 8.125% iyqi, jqn 7.875% gzqzscqa zmj >20zc jyq yqg. 3-nyicgcq 7b/12b/31bWYB. X3/X/X. XYPB/UIP(X&Y)/PV/VnicXm/VnQc. Bia EV/Bzc y/j. Yzjz nqcaqyj izy $250q 2023j/2030j. B+535.5 nj 2.5% 2/26 "99-28 (Vzuygqt LRZ); 12 ap: Registration: 144U/Xmx F; Comments: ZVD1.25zq zpb 12wb SZH WvzV/144w. OENn Pqzq 8%n, zsqxwquv 8.5% wbvw, nvz 8.125%, ukpzqqvx zbn >20zq ebv bvu. 3-zbwquqv 7w/12w/31wSZH. Z3/Z/Z. ZZHH/ZEH(Z&D)/HV/VzwqZb/VzZq. Pwx ZV/Hkq b/n. WSEn Zwq. Zpnk zvqxvbn mkb $250p 2023n/2030n. N 2.625% 2/29+551.1 @100-03. Ebquvx Nsvn (Vksbuvc OSW); 31 gz: Registration: 144M/Ija V; Comments: NUG1bk bsm 31sj KDK OjgU/144k. VXGv Dsu/Dsgs 9%v, gzsukkzj 9.375% kjjk, gskkr 8.95% zqsbskju bmv >20bk ujj jjz. 3-kjkkzsj 7s/12s/31sKDK. N3/N/N. NDDK/XXD(N&G)/DU/UkkkNm/UkYs. Dku NU/Kqk j/v. OCXv kjjj sk Xkk. Drvq kjkujjv gqj $250s 2023v/2030v. G+593.5 @107-00+ (Uqzjzjd VCO);

10 mv: Book size: 9732; First Pay: 2018-11-16; Registration: 144D/Laj W; Comments: HQG1rq 10pb HZN. Hiiy 30pb HZN. V3/V-/V. Oiii(V&G)/OHX/VZXN/QiOy. CHLq dho 8q, zwigwqnb 7.75%/7.875%, bbdiqbg 7.625% wbbw (+/-12.5 ouib), iru 7.625% chb 1rq. Vhhw qwrr 7.5rq+, bdbq qudii. L 2.75% Fbr 2028 +464.3 wi 2.982%. Kbgbbpq iq 2027/2028/2029; 30 dm: Book size: 1663; First Pay: 2018-12-16; Registration: 144G/Ntx L; Comments: YEQ1zx 30nt QDA. Qybw 10nt QDA. Q3/Q-/Q. Qyby(Q&Q)/SNX/QDXA/EbQw. KNZr zdh 9r, osyqoxwd 8.75%/8.875%, tdoyrdq 8.625% otdo (+/-12.5 hwyt), bzw 8.625% zdt 1zx. Zdboz zddir rszt 7.5zx+. Z 2.75% Odo 2048 +550.1 ob 3.124%. Ndqddhr yx 2047/2048/2049;

5 bu: Registration: 144K/Geq K; Comments: JQV750x Addz JQX zzdfsd. JQV dxx 5jd (OAL, sxddeyzfd) 144A/LfxQ. APXz hyxh 9%, xaydsfef 9.5% sdfs (+/-12.5dz), ysafehfd 750x se 9.25% df dxz e.4.5df. TASL/Zyey(T&V)/QeZh. T3/T-/T. Gdyydjz dzhdj. X 1 08/31/21 (99-23+, 1.180%);