(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...
When credit card debt feels unmanageable, some borrowers look for ways to change the terms — but is that possible?
Sri Lanka’s debt restructuring distinguishes itself from others by its complexity due to a particularly diverse creditor landscape and novel instruments issued in the restructuring. Not eligible for ...
Sovereign debt restructurings can have large impacts on trade, with a significant compression of imports and a more ambiguous effect on exports. We show that the magnitude of that impact depends on ...
WASHINGTON, April 23 (Reuters) - More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service challenges, the chairs of a global debt ...
LONDON, May 30 (Reuters) - Afreximbank has signalled that Ghana has kept up loan repayments, two sources told Reuters. Ghana says it hasn't made debt service payments in two years and it wants to ...