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Kibo Energy takes steps to secure development plans

Kibo Energy PLC said on Tuesday it was taking steps in warrant repricing, convertible loan conversion and loan reprofiling to ensure financial stability.

The Galway, Ireland-based company with. | April 11, 2023 ....

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How did Togo successfully proceed to the reprofiling of its internal debt?


Economy
Wednesday, 09 June 2021 12:29
(Togo First) - In June last year, Togo said it completed the reprofiling of its internal debt, an operation started six months earlier. At the time, Moody’s, a rating agency, had declared that the debt reprofiling would cut the country’s debt service by around €130 million within the next three years. Now, a little more details explaining the reason for the success of the operation have filtered. 
The first phase of the reprofiling was materialized thanks to a loan of €103 million (CFA67 billion), from Tokyo-MUFG, Japan’s biggest bank. The loan is to be repaid over 10 years, with a two-year grace period, at an interest rate of 4.68% per year.  ....

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