Tanzania: Country to Clinch U.S.$700 Million Eurobond Loan

Nairobi — Tanzania is set to receive a $700 million-plus long-term loan from the international market through Eurobond, and is only waiting to identify the right long-term credit rating firm.

The authorities say plans for the sovereign bond issue -- among the few in Africa after Senegal and Gabon -- are at an advanced stage.

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