1min chapter

At Any Rate cover image

EM Fixed Income: The data vs the US elections

At Any Rate

CHAPTER

Analysis of bond negotiations in Sri Lanka and the complex restructuring process

This chapter provides insights into the recent developments in bond negotiations in Sri Lanka, detailing agreements on a joint working framework with the Bondholder Steel Committee and the proposal of contingent bonds with multiple payout scenarios awaiting official sector and IMF approval. With elections on the horizon, the negotiations' timelines are critical, given the diverse outcomes and financial instruments in each restructuring case.

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