Ghana reaches agreement in principle on $13 bln bond rework

ACCRA, June 24 (Reuters) – Ghana has reached an agreement in principle with two bondholder groups to restructure some$13 billion of international debt, it said on Monday, taking it a step closer to completing its debt overhaul that has been years in the making, Under the agreement, bondholders will forego about $4,7 billion of their claims and provide cash flow relief of about $4,4 billion during the […]