The Gabonese Rep

Re Payment to Noteholders

RNS Number : 2093K
Gabonese Republic (The)
16 December 2008
 



'On December 2008, the Gabonese Republic ('Gabon') paid Citibank, Libreville for account of Citibank, N.A., London Branch as Paying Agent ('Citi') sufficient funds to enable it to make the payment of interest that fell due on 12 December 2008 under Gabon's 
US$1,000,000,000 8.20% Notes Due 2017. Citi was unable to pay these funds to the Noteholders by reason of legal proceedings in England. Steps are being taken to enable these funds to be paid to Noteholders as soon as possible.'


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