Zambia bondholders begin formal talks on $3 billion debt rework proposal, sources say

A group of Zambia’s international bondholders has signed a non-disclosure agreement with the government to discuss a $3 billion debt restructuring proposal, three sources familiar with the situation said on Tuesday. The government sent a formal debt rework proposal to the steering committee of the creditor group last week, two of the sources said. Entering … Continue reading Zambia bondholders begin formal talks on $3 billion debt rework proposal, sources say