Ghana Bondholders Demand Sweetener for $13 Billion Debt Deal
- Eurobond holders want interest payments linked to GDP growth
- Country is restructuring debt as part of an IMF bailout deal
This article is for subscribers only.
Ghana is resisting calls by holders of the country’s eurobonds to offer a sweetener for restructuring $13 billion of debt, risking a self-imposed deadline for a deal.
Investors have asked Ghana to link interest payments on some of the debt to the future economic growth of the West African nation, according to people with knowledge of the matter who asked not to be identified as the discussions are private.