Search

Zambian Stakeholders Optimistic Following Bondholder Approval of Eurobond Restructuring

  • Bondholders’ approval of Zambia’s Eurobond restructuring plan sparks optimism
  • Extraordinary meeting of noteholders scheduled for June 4

 

Lusaka, Zambia – Following the bondholders’ decision on Tuesday to accept Zambia’s solicitation consent for restructuring its $3 billion Eurobond under the G20 Common Framework, stakeholders have expressed cautious optimism. The approved consent solicitation covers $750 million notes due in 2022, $1 billion notes due in 2024, and $1.25 billion notes for 2027, as announced by Secretary to the Treasury Felix Nkululusa through the London Stock Exchange.

Recent Business

An iron ore on display. Photo by Malcoln Oliveira @ Pexels
Heraeus and Sibanye-Stillwater’s palladium push is set to reshape global metals markets
Read More »
Fresh produce on display at an African market. Photo by El'bataky @ Pexels
Fast growth, thin margins: Why Ethiopia’s 8% economic outlook remains fragile
Read More »
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Why Dangote’s planned cross-border listing is a test for Africa's capital markets
Read More »

Recent Politics

Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »

Latest Posts

Latest news insights