Mozambique ‘unrealistic’ over debt renegotiation, say bondholders

Mozambique’s bondholders have told the country its hopes to renegotiate its debts by the end of the year are “unrealistic”, according to the Financial Times. The FT reported that bondholders had given Mozambique’s proposals a “thumbs down” and predicted “complex negotiations” that would stretch beyond the country’s talks with International Monetary Fund scheduled for January. … Continue reading Mozambique ‘unrealistic’ over debt renegotiation, say bondholders