Is Ghana headed toward a debt restructuring?
In this episode, REDD Intelligence’s CEEMEA team looks at Ghana’s increasingly troubling debt situation. As Ghana reportedly seeks as much as USD 3bn in financing from the IMF, we ask if a restructuring is now an inevitability, how the country ended up here, what investors' views on the credit are, and look at Ghana’s Eurobond documentation for clues as to how the sovereign might approach any potential liability management exercise.
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