Mozambique Eurobond Rises as TotalEnergies Resumes LNG Project After Force Majeure Lifted

Mozambique’s only eurobond surged on Monday after TotalEnergies announced the lifting of force majeure on its multibillion-dollar liquefied natural gas (LNG) project, signaling a long-awaited resumption of construction following years of security-related delays. The country’s dollar-denominated bonds due in 2031 rose by more than 2 cents, with bids reaching 89.38 cents on the dollar by … Continue reading Mozambique Eurobond Rises as TotalEnergies Resumes LNG Project After Force Majeure Lifted