EXCLUSIVE-Zambia, bondholders advance $3 bln debt restructuring talks -sources ...Middle East

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EXCLUSIVE-Zambia, bondholders advance $3 bln debt restructuring talks -sources
source : Devdiscourse ( Middle East ) () 54
Zambia's overseas bondholders have entered into non-disclosure agreements (NDA) with the government as of Wednesday, according to three sources, a key step marking the beginning of formal talks to restructure over $3 billion of international bonds. The government is expected to share with some of its biggest international bondholders - members of the creditor committee - detailed information that will form the basis of debt restructuring talks as early as Wednesday, said the sources with direct knowledge, who asked not to be identified because talks are private.

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