Morocco raises $2.2 billion in rare eurobond sale for World Cup projects

Morocco raises $2.2 billion in rare eurobond sale for World Cup projects
Source: MAP

Morocco has generated $2.2 billion in new loans to fund developments needed to co-host the 2030 FIFA World Cup, according to Bloomberg. It will be the first euro-denominated bonds to be issued in five years. In the run-up to co-hosting the World Cup with Spain and Portugal, Morocco has embarked on a massive investment in its infrastructure.

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