Ad Hoc Group of Sri Lanka Bondholders Submits Restructuring Proposal

Written by PR Newswire

LONDON and NEW YORK, Oct. 13, 2023 /PRNewswire/ -- The Ad Hoc Group of Bondholders (the "Group") of the Republic of Sri Lanka ("Sri Lanka") has taken note of the progress Sri Lanka has made with its official sector creditors towards reaching an agreement in principle on a debt treatment within the framework of its IMF Programme.

Consistent with the...

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