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Tag: debt restructuring

Zambia seals .3B restructuring in breakthrough for developing nations
Economy

Zambia seals $6.3B restructuring in breakthrough for developing nations

June 23, 2023June 23, 2023

Zambia has struck a deal to restructure $6.3 billion in debt owed to different governments, together with China, marking a long-awaited breakthrough for indebted nations

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China’s Evergrande enters debt restructuring plan with creditors
Economy

China’s Evergrande enters debt restructuring plan with creditors

April 4, 2023April 4, 2023

Chinese property developer Evergrande mentioned it has entered a restructuring settlement with a bunch of worldwide collectors, in what could possibly be a breakthrough deal

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Türkiye sees public debt restructuring bringing in .32 billion
Business

Türkiye sees public debt restructuring bringing in $5.32 billion

February 6, 2023February 6, 2023

Some TL 100 billion ($5.32 billion) in funds is anticipated as a part of Türkiye’s restructuring of public debt price TL 1 trillion below a

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Türkiye working on draft law for wide-ranging debt restructuring
Economy

Türkiye working on draft law for wide-ranging debt restructuring

January 24, 2023

Türkiye’s ruling Justice and Development Party (AK Party) is getting ready a draft legislation to let folks and corporations restructure debt with public establishments, the

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Türkiye set to unveil most inclusive debt restructuring package ever
Economy

Türkiye set to unveil most inclusive debt restructuring package ever

January 20, 2023January 20, 2023

Turkish residents are set to be supplied essentially the most complete restructuring bundle but, experiences mentioned Friday, permitting them to restructure varied varieties of debt,

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Embattled China Evergrande pledges to repay debt in ‘key’ 2023
Economy

Embattled China Evergrande pledges to repay debt in ‘key’ 2023

January 3, 2023January 3, 2023

The China Evergrande Group has pledged to repay its debt in 2023, a yr its chairperson dubbed essential for the property large, which faces a

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