Debt Restructuring: Ghana’s deal with bondholders gets OCCs’ nod

Ghana’s debt restructuring deal with Eurobond holders has won the approval of the official creditor committee. The committee, representing the country’s bilateral lenders, communicated their seal of approval to the Ministry of Finance in a statement on Monday. This agreement is confirmed to be consistent with the Comparability of Treatment principle. This principle is part … Read more

Official Creditor Committee approves Ghana’s deal with Eurobond holders – Finance Ministry announces

Advertisement The Ministry has announced that it has received a formal confirmation from its Official Creditor Committee (OCC) that the Agreement in Principle reached with representatives of Eurobond holders is consistent with the Comparability of Treatment principle. As part of the OCC Common Framework for Debt Restructuring, there must be comparable treatment of Ghana’s debt … Read more