Sri Lanka bond haircut agreed with creditors, involving a 28% reduction on $12.5 billion in sovereign bonds, meeting IMF bailout c...
Sri Lanka's private creditors have accepted a 28 percent haircut on $12.5 billion in sovereign bonds , the government announced Thursday, meeting a key condition of an IMF bailout.
Last week, Sri Lanka announced rescheduling loans from its key bilateral creditor China and other nations, covering up to $10 billion in official loans. Under the agreement announced Thursday, the Sri Lankan government said it would pay $225 million upfront to bond holders. The agreement with bond holders must now be presented to official creditors to ensure"comparability of treatment".
IMF Bailout Sovereign Bonds Debt Restructuring President Ranil Wickremesinghe Colombo Creditors
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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