Sri Lanka, bondholders plan fresh round of debt talks this month, Bloomberg News reports


Reuters | Updated: 05-04-2024 22:06 IST | Created: 05-04-2024 22:06 IST
Sri Lanka, bondholders plan fresh round of debt talks this month, Bloomberg News reports

Sri Lankan officials and global investors are expecting to hold a second round of talks later this month aimed at restructuring $12 billion in defaulted global bonds, Bloomberg News reported on Friday, citing people familiar with the matter.

The group of bondholders, known as a steering committee, plans to continue the discussions around the International Monetary Fund's spring meetings in Washington DC, which start on April 15, the report added.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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