- Ghana begins consent solicitation and exchange offer on London Stock Exchange, aiming to restructure $13 billion in Eurobond debt
- Investors offered options with varying interest rates and maturities; bondholders face principal reductions or low-interest alternatives
Ghana has launched a consent solicitation and exchange offer on the London Stock Exchange, according to sources close to the transaction who spoke to Allen Dreyfus. This initiative allows the government to seek consent from Eurobond investors owed $13 billion to amend the original bond terms, marking a critical step in the country’s ongoing debt restructuring process.
You need an active subscription to continue reading this article.
