(Bloomberg) -- Global investors and Sri Lanka officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, ...
-- Global investors and Sri Lanka officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, according to people familiar with the matter. The nation’s dollar bonds rose.
Rothschild & Co., which advises the bondholders, and Lazard Inc., an adviser to the government, didn’t immediately respond to a request for comment. The government has already struck deals with official creditors, including China, India and the Paris Club as well as with holders of its local debt.United Steelworkers union endorses Biden, giving him more labor support in presidential race
Trump complained that he might have to mortgage or sell assets to afford a $464 million bond on the appeal of his civil fraud conviction.