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Thursday, November 21, 2024

HomeEconomyGhana reaches deal in principle with bondholders on $13 bln debt 

Ghana reaches deal in principle with bondholders on $13 bln debt 

EconomyGovernment

Reuters was first to report that Ghana had reached an agreement in principle with its bondholders to restructure $13 billion worth of international debt, a key milestone for the nation, including details on the agreement. 

Market Impact

Ghana’s dollar bonds rallied on the Reuters report, with the 2027 bond rising to its highest price since 2022, Tradeweb data showed.

Article Tags

Topics of Interest: EconomyGovernment

Type: Reuters Best

Sectors: Economy & Policy

Regions: Africa

Countries: Ghana

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story


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