Foreign bondholders of Ethiopia's $1B bond appoint advisory firms Newstate Partners and Weil, Gotshal & Manges as the government prepares to restructure. Bond trades at 61 cents, near one-year low. Payment of $33 million coupon due on Dec 11. IMF loan agreement crucial for debt suspension with bilateral creditors.
Criticism of Ghanaian government's fiscal expenditure and lack of creditor consultation during debt crisis, causing concerns over nation-building and financial markets.
PREPA's debt deal with BlackRock and Taconic nears as it seeks to restructure $9B debt and modernize power grid. Crucial for Puerto Rico's bankrupt utility.
PREPA's debt deal with BlackRock and Taconic nears as it seeks to restructure $9B debt and modernize power grid. Crucial for Puerto Rico's bankrupt utility.
Criticism of Ghanaian government's fiscal expenditure and lack of creditor consultation during debt crisis, causing concerns over nation-building and financial markets.
Foreign bondholders of Ethiopia's $1B bond appoint advisory firms Newstate Partners and Weil, Gotshal & Manges as the government prepares to restructure. Bond trades at 61 cents, near one-year low. Payment of $33 million coupon due on Dec 11. IMF loan agreement crucial for debt suspension with bilateral creditors.