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Coastal News Today | AFR - The Nature Conservancy Announces Debt Conversion for Ocean Conservation in Gabon, First Ever in Mainland Africa

Bank of America Refinances Gabon Sovereign Debt for Nature and Ocean Conservation

Bank of America Refinances Gabon Sovereign Debt for Nature and Ocean Conservation

Bank of America announces the completion of the first ever debt-for-nature transaction in Continental Africa to refinance $500 million of sovereign debt of the Gabonese Republic ("Gabon"). The transaction will enable the country to contribute $125 million in new funding for ocean conservation, supporting their commitment to protect 30 percent of its lands, freshwater systems, and ocean by 2030.

Bank of America Corporation: Bank of America Refinances Gabon Sovereign Debt for Nature and Ocean Conservation

Bank of America Corporation: Bank of America Refinances Gabon Sovereign Debt for Nature and Ocean Conservation
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