Ghana closes in on long-running debt restructuring finishing line
Ghana received the approval for more than 90% of bondholders to restructure and exchange $13 billion of international debt, it said on Thursday, clearing the last hurdle in its protracted debt rework.
More than 96% of Ghana’s debt has now been restructured — Finance Minister
Ghana has successfully restructured more than 96% of its debt, marking a significant milestone in the country rsquo;s economic recovery and positioning it closer to its 2028 debt sustainability goals,
Ghana Saves $5bn From Debt Restructuring
Dr. Mohammed Amin Adam Ghana has successfully restructured its $13 billion Eurobond debt, marking a significant milestone in the country’s economic recovery efforts. The move is expected to provideRead
Ghana Bondholders Overwhelmingly Support Debt Restructuring
Ghana received “overwhelming” participation and support from its international bondholders to restructure $13 billion of its overseas bonds, a key step of the West African nation’s debt rework.
Ghana To Exit Default After Two Years With Debt Restructuring
Ghana will exit a debt default after the west African nation completed a restructuring of $13bn in US dollar bonds, paving the way for a return to global capital markets almost two years after an economic crisis forced it to suspend debt repayments.
Ghana: Bondholders take 37% haircut in debt restructuring deal
The haircut on $13bn of debt is the largest in African history – the country’s economy has struggled with low economic growth.
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Eurobond debt restructuring shows investor confidence in economy – President Akufo-Addo
President Akufo-Addo has described Ghana’s recent deal with Eurobond debt holders as a sign of investor confidence in the ...
IMF and Ghana reach staff-level deal on $3 billion loan-programme review
International Monetary Fund staff and officials in Ghana have reached an agreement on their third review of the West African ...
Ghana’s debt restructuring sets new standards on Eurobond market — Finance Minister
Dr. Mohammed Amin Adam, Minister for Finance, says Ghana’s debt restructuring sets new standards on the bond market for ...
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Ghana to resume debt repayment in two weeks – Finance Minister
Ghana is set to resume the payment of debt it owes to Eurobond holders in about two weeks, having successfully completed its ...
modernghana.com11d
Ghana’s public debt balloons to GH¢761.2bn, hitting 75.7% of GDP
Ghana's public debt has increased to GH¢761.2 billion ($51.1 billion), accounting for 75.7 percent of GDP, according to the ...
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Ghana Completes Eurobond Debt Exchange
Dr. Mohammed Amin Adam Minister of Finance, Dr. Mohammed Amin Adam, has announced the completion of the country’s Eurobond ...
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Successful restructuring of $13bn debt, IMF staff-level agreement bolsters cedi's performance
following news that Ghana had secured substantial participation from Eurobond holders to restructure $13 billion of its ...