Lanka bondholders sign off on $12.55-bn debt overhaul
Financial Express Pune|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.

Esta historia es de la edición December 18, 2024 de Financial Express Pune.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 18, 2024 de Financial Express Pune.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE FINANCIAL EXPRESS PUNEVer todo
Financial Express Pune

CreditAccess Sees Loan Book Growth

CREDITACCESS GRAMEEN, THE country's largest microfinance lender, reported healthy loan book growth and improved asset quality, driven by better collections across states except Karnataka.

time-read
1 min  |
March 07, 2025
Financial Express Pune

Indices rally for 2nd day, investor wealth surges by ₹4.5 lakh crore

Buoyed by falling prices of crude oil and a positive global sentiment, stock prices continued their upward move for the second consecutive day on Thursday.

time-read
2 minutos  |
March 07, 2025
Financial Express Pune

RBI mulls tighter gold loan norms, end-use tracking

THE RESERVE BANK of India (RBI) plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing segment, seven people, including industry sources and those aware of the regulator's thinking, said.

time-read
1 min  |
March 07, 2025
Financial Express Pune

Taxpayers Declare Foreign Assets Worth ₹29,000 Cr

Declarations Come After CBDT Rolled Out Awareness Campaign

time-read
2 minutos  |
March 07, 2025
Financial Express Pune

ECB cuts rates, keeps door ajar for more easing

The European Central Bank lowered interest rates for the sixth time since June and indicated that its cutting phase may be drawing to a close as inflation cools and the economy digests seismic shifts in geopolitics.

time-read
2 minutos  |
March 07, 2025
Financial Express Pune

TSMC Chief Assuages Worry About US Investment

TAIWAN SEMICONDUCTOR MANUFACTURING'S top executive stressed that the company's plan to spend an additional $100 billion in the US won't affect investments at home as he sought to reassure the Taiwanese public of its commitment.

time-read
1 min  |
March 07, 2025
Financial Express Pune

Trump May Revoke Legal Status of Ukrainians Who Fled to US

US PRESIDENT DONALD Trump's administration is planning to revoke temporary legal status for some 240,000 Ukrainians who fled the conflict with Russia, a senior Trump official and three sources familiar with the matter said, potentially putting them on a fast-track to deportation.

time-read
1 min  |
March 07, 2025
Financial Express Pune

US Crude Imports Hit 2-Year High in Feb

INDIA'S IMPORT OF US crude oil in February rose to its highest level in over two years after Indian refiners sought alternative supplies for crude oil after the nation's latest sanctions on Russian producers.

time-read
1 min  |
March 07, 2025
Financial Express Pune

India expensive, US go-to market for FPIs: UTI MF

Historically, from such levels, Indian markets have bounced back both in relative and absolute terms

time-read
3 minutos  |
March 07, 2025
Financial Express Pune

The North-South Chasm

A mix of federal equity and efficient use of fiscal resources is the solution to delimitation row

time-read
2 minutos  |
March 07, 2025