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Sri Lanka bondholders brace for big losses in debt restructuring

Sri Lanka’s creditors face losing a third to half of their investment in the country’s dollar bonds, after the government announced it would restructure $11 billion worth of debt, the first such financial shake-up in its modern history, according to a report issued by Reuters. The report further said: “Formal debt talks haven’t started but […]
Sri Lanka Donato Guarino Patrick Curran International Monetary Fund White Case
Source: island.lk

Analysis: Sri Lanka bondholders brace for big losses in debt restructuring - Adaderana Biz English

Reuters – Sri Lanka’s creditors face losing a third to half of their investment in the country’s dollar bonds, after the government announced it would restructure $11 billion worth of debt, the first such financial shake-up in its modern history. Formal debt talks haven’t started but analysts are already crunching the numbers to estimate what...
Sri Lanka Donato Guarino Patrick Curran International Monetary Fund White Case

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