Benin's Debut Eurobond Assigned 'B+' Issue Rating

PARIS (S&P Global Ratings) April 2, 2019--S&P Global Ratings said today that 
it assigned its 'B+' long-term issue rating to the €500 million amortizing 
notes due 2026 that Benin (B+/Stable/B) has issued with a 5.75% coupon.

Benin's government will use the net proceeds of the issue to finance the 
Government Action Programme's priority projects included in the budget. These 
projects relate to infrastructure, digital economy, electricity, and the 
improvement of living conditions. 
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