Breaking News: Final results of Mozambique Tuna bond swap show 81.7% of holders accepted


Holders representing 81.7 percent of bonds issued by Mozambique’s state-run tuna-fishing company Ematum have accepted the government’s swap offer, the final results of the exchange showed on Wednesday.

The overall percentage of holders accepting the offer is unchanged from the “early exchange” results announced last week .

The deal will allows holders to swap an outstanding US$694.6 million of amortising dollar-bonds issued by Ematum and maturing in 2020 with a coupon of 6.305 percent for a new sovereign bullet issue maturing in January 2023, priced at 80 percent and holding a coupon of 10.5 percent, according to exchange terms document.

Source: Reuters

Clearing Agent in Mozambique | Top Website |

Yukon Services Clearing Agent License Holder
Yukon Services en Maputo | Clearing Agent in Mozambique | Top Website | Biggest English Portal | | |
Hydrocarbon Logistics Centre | The Pemba Logistics Base | Nigerian Company Orlean Invest | Portos de Cabo Delgado (PCD)



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s