Search

Ghana to Launch Consent Solicitation for Eurobond Debt Restructuring

Allen dreyfus Logo
© Allen Dreyfus
  • 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.

You need an active subscription to continue reading this article.

Recent Business

PAPSS CARD LAUNCH © Afreximbank
Can PAPSSCARD compete with Visa and MasterCard on African soil?
Read More »
peinge-nakale-9dM9XfNuRfk-unsplash
Namibia’s banking liquidity improves despite asset dip
Read More »
Photo by Etty Fidele © Unsplash Cocoa
Deadly rains threaten Nigeria’s cocoa harvest, stir global jitters
Read More »

Recent Politics

ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Ghana’s opposition petitions president over electoral chaos, illegal mining
Read More »
emmanuel-ikwuegbu-T4q6ZPpYjog-unsplash
Tinubu seeks to win back north at Buhari’s funeral
Read More »
pexels-ninthgrid-2149521550-30688912
Nigeria inflation falls again, raising rate cut hopes
Read More »

Latest Posts

Latest news insights