Tag: debt restructuring
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Fitch Affirms Ghana’s ‘RD’ Rating Amid Ongoing Debt Restructuring
Fitch Ratings has affirmed Ghana's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'RD' and Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) at 'CCC'...
Ghana’s Finance Minister Touts Debt Restructuring Savings
Finance Minister Mohammed Amin Adam highlighted significant savings resulting from Ghana's renegotiation and restructuring of its debt during an appearance on the Asaase Breakfast...
Ghana’s COCOBOD Records GH₵2.3 Billion Profit Boosted by Debt Restructuring
Ghana Cocoa Board (COCOBOD) reported a significant turnaround in its financial performance for the fiscal year 2022/23, achieving a profit of GHC2.3 billion.
This...
Ghana Secures $360 Million IMF Funding After $4.7 Billion Debt Restructuring Deal
Ghana has finalized a significant debt restructuring agreement, securing a $4.7 billion reduction from Eurobond holders, representing 37% of its $13 billion debt load....
Ghana Secures Interim Deal on US$13 Billion Eurobond Debt Restructuring
The government of Ghana has reached an interim agreement with two bondholder groups to restructure its Eurobonds valued at $13 billion, according to a...
