Morgan Stanley Sees Zambia Lift Eurobond Price to Break Impasse

Morgan Stanley expects Zambia to revise its bond buyback offer higher in a bid to break an impasse with a group of bondholders resisting an initial price tabled almost a...

By Ray Ndlovu, Kerim Karakaya · Bloomberg Markets

Morgan Stanley expects Zambia to revise its bond buyback offer higher in a bid to break an impasse with a group of bondholders resisting an initial price tabled almost a week ago.