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Vol 59 No 6

Published 23rd March 2018


Mozambique

Maputo's haircut

On 20 March Mozambican officials met London creditors of its previously hidden US$2 billion loans to try to convince them to accept a major restructuring of the debt. They told holders of the Mozam sovereign bonds, and lenders Credit Suisse and Russia's VTB bank, that they don't have the money.

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