Ethiopia Bondholders Reject Revised Debt Restructuring Plan
The Ethiopian finance ministry announced that a group of international bondholders rejected a revised proposal for restructuring the country's 1 billion dollar Eurobond. This development led to the termination of formal negotiations following three weeks of restricted discussions between the government and the ad hoc committee.
Xurve View
Xurve View
Ethiopia terminated formal debt talks on May 28 after international bondholders rejected a revised proposal to restructure $1 billion in sovereign debt. The collapse follows three weeks of restricted negotiations aimed at resolving a default that began in late 2023. Investors face prolonged uncertainty as the rejection stalls the nation's return to international capital markets.
