Lanka bondholders sign off on $12.55-bn debt overhaul
Financial Express Kochi|December 18, 2024
SRI LANKA'S BONDHOLDERS SIGNED off on the government's proposal to restructure its $12.55 billion of international bonds, a key step in finalising the island nation's debt overhaul.
KARIN STROHECKER

Final results showed holders representing 97.86% of the outstanding principal on the existing bonds voted in favour of the plan, which will swap Sri Lanka's defaulted bonds for a series of new fixed income instruments, the government said in a statement dated December 16.

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Financial Express Kochi

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HOW THE MOVE WILL BENEFIT INDIA

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AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power. The scheme, called Sanjeevani, will not have an income cap for eligibility, he said.

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Financial Express Kochi

Navy boat hits ferry off Mumbai coast, 13 dead

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Financial Express Kochi

Sebi tightens SME IPO rules

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Financial Express Kochi

Trump threatens to impose reciprocal tariffs on India

HE MADE THE remarks while responding to a question on a potential trade agreement with China.

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Financial Express Kochi

2W sales skid sharp 19% in Dec

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Financial Express Kochi

Opposition seeks Shah's resignation

PM defends HM; slams Cong & its 'rotten ecosystem'

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Enhancing customer journey in the cloud

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Financial Express Kochi

AI offers a wide range of benefits for SMEs

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