Les actualités de la BRVM en Flux RSS
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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe 30-day grace period for the 8.5% coupon, maturity April 14, 2024, expires on November 13, 2024. The country is at high risk of not honoring this maturity of its eurobond with a total value of 3 billion dollars. As a reminder, Lusaka had defaulted on the October installment ($42.5 million) and had therefore requested a postponement until April, which had not been well received by investors and Zambian debt coupon holders. The committee of Zambian debt holders is also meeting today with the government in a sort of last-chance operation. The Zambian State wants to obtain a payment freeze for another 6 months.
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