Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Fitch Ratings maintains Ghana's 'CCC' IDRs while progressing in Common Framework restructuring with Eurobond restructuring agreement in principle.
Fitch Ratings maintains Ghana's long-term local currency and foreign currency IDRs at 'CCC' and 'RD', respectively.
Despite ongoing default on Eurobonds, Ghana has progressed in its Common Framework restructuring process with a memorandum of understanding finalized in June 2024.
An agreement in principle on Eurobonds restructuring was reached, satisfying debt sustainability thresholds and comparability of treatment.
A consent solicitation for the Eurobond exchange is expected by September 2024.
3 Articles
Fitch Ratings mantiene los IDR 'CCC' de Ghana mientras avanza en la reestructuración del Marco Común con el acuerdo de reestructuración de Eurobond en principio.