On Friday 30 January official creditors including China and France rejected a debt restructuring deal between Ethiopia and its bondholders, saying it was a “very low restructuring effort“.[1] Debt Justice…
Bondholders have reached a debt restructuring deal with the Ethiopian government that could see them paid 28% more than government creditors. The deal comes after some bondholders, including VR Capital…
Ethiopia’s bondholders are pushing to get paid over 50% more than government creditors through participating in debt relief. New calculations by Debt Justice and Afrodad also show that bondholders could…
Ethiopia’s bondholders have again rejected a debt restructuring deal and have threatened to sue.[1] Reacting to the news, Tim Jones, Policy Director at Debt Justice said: “Ethiopia’s bondholders are refusing…
New research released today finds that Ethiopia’s bondholders would still make 30% profit from the government’s proposed debt restructuring deal. The briefing also concludes that IMF debt sustainability targets could…
Chad, Ethiopia and Zambia considering debt restructuring: 53% of their debt payments are to private lenders Legislation to be introduced in New York to make restructuring private debt easier In…
Interest rates on new developing country borrowing increased by an average of 2.2 percentage points over the course of 2018. Yields on low- and lower-middle income country debt, calculated by…
