Sonangol will begin paying interest on Coupon No. 2 for holders of the “Sonangol 2023-2028” Bonds on Wednesday, September 18, 2024.
Initially scheduled for Saturday, September 14, the payment date was adjusted in accordance with business day conventions outlined in the bond prospectus.
A total of 6.6 billion kwanzas will be disbursed, subject to withholding of the Capital Investment Tax, based on the applicable tax regulations in force at the time of payment.
According to the Central Securities Depository of Angola (CEVAMA), payments for bonds held in deposit will be processed through BODIVA, the central depository.
Sonangol issued its first public bonds on August 14, 2023, marking its official entry into Angola’s capital markets with a total offering of 75 billion kwanzas. This was a key step in the company’s financial strategy.
