Nigerian Government Seeks Advisers for Planned Eurobond Offering
Bloomberg 2026-06-29 10:36:30
Context: The Nigerian government has taken steps to revive its Eurobond offerings, seeking advisers for a planned sale. This move comes after a successful November issuance that garnered significant interest, with demand exceeding the amount on offer by five times. The government is now looking to tap into this momentum with a new Eurobond offering.
Key Facts
- The Nigerian government has invited expressions of interest from advisers for a planned Eurobond sale, marking its first such move since November.
- The previous Eurobond issuance in November drew five times more demand than the amount on offer, indicating strong investor interest in Nigerian debt.
- The government is now seeking to capitalize on this demand with a new Eurobond offering, although details on the size and timing of the sale have not been disclosed.
- The planned Eurobond sale is expected to be a strategic move by the Nigerian government to raise funds and potentially refinance existing debt.