Zambia’s state power utility made an $82 million payment to the Export-Import Bank of China before reaching a debt restructuring deal with its official bilateral creditors, the African nation’s ...
By Hiran H.Senewiratne The stock market bounced back yesterday and is stable as investors are hoping for a positive response on the debt restructuring front from IMF officials in New York over the ...
The ad hoc bondholder group of state-backed Sino-Ocean Group has submitted an alternative offshore debt restructuring proposal to a London court in an intensifying battle between creditors and the ...