Ghana dlr bond to go ahead despite ratings downgrade - debt official

Ghana will go ahead with plans to launch a Eurobond next month totalling up to $1.5 billion despite a recent ratings downgrade, a senior debt official said on Monday.
"We think we can be successful - we think before the end of next month we should be there," Samuel Ameyaw, director in the debt management division of Ghana's finance ministry, told an Africa debt forum.
Moody's cut Ghana's debt rating on Friday, to B2 from B1, and kept the rating on negative outlook, citing the country's deteriorating fiscal position and rising debt levels.