Ethiopia asks bondholders for debt relief early, ‘likely once and for all’

Ethiopia’s finance ministry said on Friday that it was asking its international bondholders to offer early, “likely once and for all” debt relief, as it hurtles towards default having missed a coupon payment. It said in a statement published on the social media platform X, formerly known as Twitter, that it recognised risks to bondholders … Continue reading Ethiopia asks bondholders for debt relief early, ‘likely once and for all’