Govt Extends Domestic Dollar Bond Deadline | Economy

CAL Bank, in a separate release has announced that COCOBOD has also extended the offer period for its debt exchange from August 4, 2023 to August 18, 2023.

“We urge all persons who intend to participate in the Exchange Programme to endeavour to submit their applications by 4pm on 18 August 2023,” the statement said.

It added that an offer cannot be revoked or withdrawn at any time except in the limited circumstances described in the Exchange Memorandum.

“All other dates in the transaction timetable as outlined in the Exchange Memorandum remain unaffected and unchanged unless otherwise varied by COCOBOD (in its sole discretion and with the prior approval of the Securities and Exchange Commission)”, it said.