Ghana Seeks Up to 40% Debt Relief on Eurobonds as Part of IMF Deal
- Eurobond holders may face a 30-40% nominal haircut as part of Ghana's debt restructuring
- Coupons may be capped at 5% with maximum maturities of 20 years
- Ghana wants a win-win situation with mutual respect between all investors
- Ghana reached a Staff-Level Agreement with the IMF on debt sustainability
- Ghana's total outstanding Eurobond payment is estimated at $13.10 billion