• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Ghana imposes 37% haircut on Eurobond holders in successful debt restructuring

1 year ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
878
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana imposes 37% haircut on Eurobond holders in successful debt restructuring

Holders of Ghana’s Eurobond debt have agreed to a 37% haircut on their investments in the country’s debt instruments.

Ghana has reached an agreement with Eurobond investors to restructure approximately $13 billion of debt, according to statements from advisers to an international creditor committee and the government.

The key terms of the deal per the statements from advisers to an international creditor committee and the government involve bondholders accepting a nominal 37% haircut on their investments.

Investors will have the option to choose between two instruments: one offering an initial 5% interest rate and the other a 1.5% interest rate.

The 37% haircut in investments by the Eurobond holders is expected to result in some savings of $6bn for the country.

The agreement with Eurobond holders marks a significant milestone for the country.

RelatedPosts

GHS 395 Billion Asset Value of SOEs Formed 33.5% of Ghana’s GDP in 2024

JVCs Post GHS1.51bn Profit, Assets Rise 39.9% in 2024 – SIGA Report

Gulf Countries Respond to U.S. Trade Pressure With Trillion Dollar Plans

Ghana unilaterally suspended payments on its external loans in December 2022 as part of a comprehensive debt overhaul aimed at meeting the conditions of a $3 billion International Monetary Fund (IMF) program.

The new agreement follows the IMF’s rejection of an earlier pact between the government and bondholders in April, which failed to satisfy debt sustainability requirements.

Ghana’s deal mirrors a similar arrangement recently secured by Zambia.

Earlier this month, Zambia reached a consensus with investors, enabling the country to issue two series of restructured notes after nearly four years of default.

Tags: 37% haircutGhana imposes 37% haircut on Eurobond holders in successful debt restructuringsuccessful debt restructuring
No Result
View All Result

Highlights

Wall Street Forecasts Oil in the $50s Next Year

Ghana 5th in Africa for IMF Outstanding Debt in August 2025

Joe Jackson Warns BoG’s 10% NPL Target Could Squeeze SME Lending

SOEs Record 28.3% Revenue Growth But Post GHS 9.67bn Net Loss in 2024 – SIGA Report 

Three SOEs Make First Dividend Payment of GHS 29.3m in 30 years

Gov’t Misses T-Bills Target by GHS 3.38bn as Investor Appetite for Debt Shifts to BoG Securities

Trending

Business

GHS 395 Billion Asset Value of SOEs Formed 33.5% of Ghana’s GDP in 2024

September 1, 2025

GHS 395 Billion Asset Value of SOEs Formed 33.5% of Ghana's GDP in 2024 State-Owned Enterprises (SOEs)...

JVCs Post GHS1.51bn Profit, Assets Rise 39.9% in 2024 – SIGA Report

September 1, 2025

Gulf Countries Respond to U.S. Trade Pressure With Trillion Dollar Plans

September 1, 2025

Wall Street Forecasts Oil in the $50s Next Year

September 1, 2025

Ghana 5th in Africa for IMF Outstanding Debt in August 2025

September 1, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.