Sri Lanka in Talks to Swap China Infrastructure Debt to Equity

Sri Lanka is in talks with China to convert loans, including that for the island’s first coal-fired power plant, into equity to help reduce repayment costs, Minister for International Monetary Cooperation Sarath Amunugama said in Colombo today.

To contact the reporter on this story: Anusha Ondaatjie in Colombo at anushao@bloomberg.net

To contact the editor responsible for this story: Hari Govind at hgovind@bloomberg.net

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