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Press Release

Commencement of DDE in Respect of Ghana’s U.S.$-Denominated Domestic Bonds

The Government of the Republic of Ghana (the "Government” or “we”) announced today that it is inviting (the “Invitation”) Eligible Holders (as defined below) to exchange approximately US$809 million of its U.S.$-denominated domestic notes and bonds specified in Table A (the “Eligible Bonds”) for a package of new bonds (as further described below, the “New Bonds”) to be issued by the Republic.

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Update on Outstanding Domestic Debt Service Obligations

The Government of Ghana and the Coalition of Individual Bondholders Groups (CIBG), comprising members of the Individual Bondholders’ Forum (IBF) and the Individual Bondholders’ Association of Ghana (IBHAG), on 16th May, 2023, reached agreement regarding the government’s outstanding domestic debt service obligations. This agreement was captured in a Memorandum of Understanding (MOU) dated 16th May, 2023.

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In the wake of the COVID-19 pandemic and as part of measures to ensure the safety of all our stakeholders,
you are kindly directed to e-mail your correspondence to the address below: