Zambia Set for Talks With Bondholders Blocking Its Debt Buyback
Zambia’s government is heading to the negotiating table after a group of bondholders blocked its attempt to buy back a $1.36 billion bond before a potentially costly coupon increase.
By Matthew Hill, Constantine Courcoulas · Bloomberg Markets
Zambia’s government is heading to the negotiating table after a group of bondholders blocked its attempt to buy back a $1.36 billion bond before a potentially costly coupon increase.