Ethiopia Creditors Back Eurobond Deal

Ethiopia official creditors approved a preliminary deal to restructure a one billion dollar Eurobond. The committee cautioned that a new money warrant could require future adjustments.

Euro banknotes are seen in this illustration taken March 24, 2026. REUTERS/Dado Ruvic/Illustration

Ethiopia's official creditors approved a preliminary restructuring agreement on Friday for a $1 billion Eurobond, moving the nation closer to exiting default.

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