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Ghana to Launch Consent Solicitation for Eurobond Debt Restructuring

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Emmanuel Bruce

Emmanuel Bruce is a business and financial journalist based in Ghana.
  • Government seeks consent to amend Eurobond terms 
  • Investors to face a 37% haircut and suspension of coupon payments until 2026

 

Accra, Ghana – The government of Ghana will later this month launch a consent solicitation and exchange of memorandum on the international capital market. This move will allow the government to request the consent of Eurobond investors to amend the original terms of the bonds.

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