No progress as grace period on missed Zambian bond payment lapses on Friday
Finance minister says the country is sharing information on its Chinese debt with creditors
09 November 2020 - 20:01
Zambia is doing everything possible to avoid a sovereign debt default later this week, including sharing information on its Chinese debt with holders of its dollar-denominated bonds, finance minister Bwalya Ng'andu said on Monday.
Sources close to the main committee of bondholders, however, said little progress had been made in debt talks...
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