Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2024. The deal aligns with IMF-backed reform targets and the G20 Common Framework. Multilateral lenders hold ...
The government of Ghana has shared details of a stakeholder meeting held with key holders of Saderea Limited bonds, ...
The government has held constructive private discussions with a group of creditors controlling nearly all outstanding Saderea Limited ...
HONG KONG | SHANGHAI: State-backed China Vanke will likely mirror the strategies of some other cash-strapped Chinese developers and seek multiple ⁠short-term extensions for its bond repayments before ...
The government has reported a major breakthrough in negotiations to settle the remaining Saderea Limited bond obligations, following what it described as productive closed-door engagements with ...
Ethiopia has reached agreement in principle with Ad Hoc Committee of its Eurobond holders on principal financial terms of ...
Investing.com -- Fitch Ratings has upgraded Zambia’s Long-Term Foreign-Currency Issuer Default Rating to ’B-’ from ’Restricted Default’, with a Stable outlook. The upgrade reflects Zambia’s normalized ...
Ethiopia's sole Eurobond rose sharply after the government reached an agreement in principle with bondholders on a ...
Investing.com -- S&P Global Ratings downgraded Ardagh Group SA to ’SD’ (selective default) on Wednesday following the completion of a debt restructuring that the rating agency views as a distressed ...