Zambia and foreign bondholders restart talks on restructuring $3bn of global bonds to exit default.

Zambia and foreign bondholders, including Amundi UK Ltd, RBC BlueBay Asset Management, and Greylock Capital Management, will restart talks on restructuring $3 billion of global bonds. The negotiations mark a significant step in Zambia's long-standing efforts to exit default. The government sent a formal debt rework proposal to the creditor group last week, with creditors signing non-disclosure agreements, signaling the start of formal talks.

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