By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) - Talks between Sri Lanka and its international bondholders will seek common ground on ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Karin Strohecker and Jorgelina do Rosario
"We do not want to see other SOEs foreign creditors being treated better than the central government foreign bondholders," the source added on condition of anonymity."The second issue is the participation of local banks." As part of its debt overhaul, Sri Lanka has asked its international bondholders to take a 30% haircut to help restructure its debt and the talks, which kicked off last September, are still ongoing. The debt overhaul also affects a number of SOEs - such as SriLankan Airlines.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sri Lanka deploys troops as the railway workers' strike worsensCOLOMBO, Sri Lanka (AP) — Sri Lanka's government deployed army troops at railroad stations as railway employees continued with their strike that paralyzed train services across the country for a second day Wednesday, a day after two passengers were killed while attempting to travel on a packed train. Tens of thousands of passengers have been greatly inconvenienced because of the strike. Hundreds of scheduled train journeys were canceled on both days and only a few trains operated. Passengers wer
Read more »
Bondholders Hopeful Sri Lanka Debt Deal Draft Ready Next MonthSri Lanka may be able to draw the outlines of a deal with holders of its defaulted dollar bonds as soon as next month, according to people familiar with the matter.
Read more »
Trudeau expected to meet with MPs in London, Ont., as Liberals hold 'frank' talksLONDON, Ont. — Prime Minister Justin Trudeau is expected to meet with most of his party's MPs this afternoon as they try to reverse a slump in the polls.
Read more »
Trudeau expected to meet with MPs in London, Ont., as Liberals hold 'frank' talksLONDON, Ont. — Prime Minister Justin Trudeau is expected to meet with most of his party's MPs this afternoon as they try to reverse a slump in the polls.
Read more »
Trudeau expected to meet with MPs in London, Ont., as Liberals hold 'frank' talksLONDON, Ont. — Prime Minister Justin Trudeau is expected to meet with most of his party's MPs this afternoon as they try to reverse a slump in the polls.
Read more »
China agrees to rare visit by Papal envoy for Ukraine talksBEIJING (Reuters) - The Chinese foreign ministry said on Wednesday that Papal envoy Cardinal Matteo Zuppi will visit China for talks on resolving the ...
Read more »