Sri Lanka in Talks to Swap China Infrastructure Debt to Equity
By Anusha Ondaatjie & Asantha Sirimanne -
2011-11-03T06:25:49Z
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
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.