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Post by Sapphire Capital on Oct 3, 2012 4:29:30 GMT 4
Zambia issued its 750 M USD 10 year Eurobond under UK Law for infrastructure. They did follow the route of Nigeria, Namibia and Senegal but adjusted the structure to avoid the problems of Gabon, which saw an attempt to get a freeze order for the interest rate payment to the paymaster of their issues. Zambia will pay direct to the clearing system and will in the case of the US not have proprietary rights once the money hist US paymasters.
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