Ghana Nears Completion of External Debt Restructuring
The Ministry of Finance (MoF) has announced the successful exchange of the outstanding SADEREA Notes, marking the final stage of Ghana’s external debt restructuring.
In a press release issued on Monday, the Ministry said the exchange was settled on July 13, 2026, with a value date of July 10, 2026.
“This exchange brings Ghana to the final stage of its external debt restructuring, marking a major milestone in the country’s economic recovery and resolving the last outstanding component of its sovereign bond debt restructuring,” the Ministry stated.
According to the Ministry, the 12.5% Senior Secured Amortising Bonds were originally issued to finance capital expenditure in Ghana’s health sector.
Of the original US$253.2 million issuance, approximately US$117.8 million in principal remained outstanding as at January 2026.
The Ministry said the completion of the exchange underscores the government’s commitment to restoring debt sustainability, strengthening investor confidence, and maintaining macroeconomic stability.
“The Ministry of Finance remains committed to prudent debt management, sound public financial management, and the implementation of policies that safeguard long-term macroeconomic stability,” the statement added.
Click to read more: https://opemsuo.com/author/hajara-fuseini/
