Ghana's debt restructuring takes another step forward
WEBJun 24, 2024 · Ghana's long-running debt restructuring took another step towards the finish line on Monday after the government said it struck an agreement in principle on a debt rework with holders...
Ghana agrees debt restructuring deal with official creditors
WEBJan 12, 2024 · Ghana has reached a deal to restructure $5.4 billion of loans with its official creditors, the finance ministry said on Friday, a milestone in the country's quest for debt relief as it charts...
Exclusive: Ghana reaches deal in principle with bondholders on …
WEBJun 20, 2024 · Ghana has reached an agreement in principle with its bondholders to restructure $13 billion worth of international debt, three sources told Reuters, after finalising a deal with official...
Ghana strikes deal with bondholders to end debt default - Financial Times
WEBJun 24, 2024 · Ghana has agreed a deal that will wipe nearly 40 per cent off the value of $13bn in international bonds, putting the west African nation on a path to end almost two years in default on its...
Ghana: Bondholders take 37% haircut in debt restructuring deal
WEB4 days ago · The haircut on $13bn of debt is the largest in African history, and turns the page for investors, according to Ghana’s debt advisor. International bondholders have reached a pivotal agreement with Ghana , accepting a 37% haircut on $13bn of debt – the biggest haircut on African debt to date – marking a significant milestone in the country ...
World Bank Group Statement on Debt Restructuring Agreement for Ghana
WEBJan 18, 2024 · The World Bank Group welcomes the agreement in principle on the key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework.
Ghana Agrees Deal With Eurobond Investors on Debt Restructuring
WEBJun 24, 2024 · Ghana reached an agreement in principle with private creditors to restructure about $13 billion of debt, a key milestone in the West African country’s efforts to overhaul its loans.
Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped? - The …
WEBSep 18, 2023 · In Ghana, the I.M.F. laid out a detailed rescue plan to get the country back on its feet — reining in debt and spending, raising revenue and protecting the poorest — as Accra negotiates with...
Ghana seals debt restructuring deal with official creditors, sources ...
WEBACCRA, May 24 (Reuters) – Ghana has agreed a memorandum of understanding (MoU) with its bilateral creditors, including China and France, to restructure $5.4 billion of debt, two government...
Ghana Wins Debt Moratorium Until 2026 From Official Creditors
WEBJan 17, 2024 · Ghana has won a moratorium with official creditors on debt payments through May 2026, and expects to reach a deal with eurobond investors to revamp $13 billion debt by the end of March.
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