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Sri Lanka signs private debt restructuring agreement with bondholders
Sri Lanka's Colombo has reached a debt restructuring deal with international sovereign bondholders after protracted negotiations, state finance minister Shehan Semasingher said on Thursday, calling it a "crucial step" in the troubled country's efforts. liquidity to restore debt sustainability...- NewsBot
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- Category: Business & Economy
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Trade dispute between Sri Lankan government and opposition over failure to reach bondholder agreement
Colombo: Facing criticism from the opposition for maintaining secrecy over the debt restructuring process, the government has said that Sri Lanka continues to engage in all debt restructuring negotiations in good faith under the principles of equitable treatment among creditors with maximum...- NewsBot
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- agreement announced bondholders debt equitable failed faith government lanka maximum negotiations opposition principles restructuring treatment
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Sri Lanka fails to reach deal with sovereign bondholders to restructure US$12 billion debt
COLOMBO (Reuters) - The Sri Lankan government said Tuesday it has failed to reach an agreement with its bondholders to restructure nearly $12 billion of debt, the latest blow to the cash-strapped island nation. Is aiming to meet the target for the next IMF tranche. Charity.Sri Lanka aims to...- NewsBot
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- Category: Business & Economy