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Ethiopia , Tuesday 21 July 2026

Ethiopia reaches preliminary deal with bondholders on $1 billion debt overhaul

Published on: Monday 29 June 2026

Ethiopia reaches preliminary deal with bondholders on $1 billion debt overhaul By Colleen Goko JOHANNESBURG, June 29 (Reuters) - Ethiopia has struck a preliminary deal with key bondholders to restructure its defaulted $1 billion international bond, the finance ministry said on Monday, moving closer to resolving a years-long debt crisis. The case is seen as a key test of the G20’s Common Framework, launched during the COVID-19 pandemic to streamline debt workouts but marked


News source: https://www.msn.com/en-us/money/markets/ethiopia-reaches-preliminary-deal-with-bondholders-on-1-billion-debt-overhaul/ar-AA26NCdd

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