(Bloomberg) -- Sri Lanka struck a deal to restructure $12.6 billion of bonds with its creditors, bringing the South Asian nation closer to completing its...
-- Sri Lanka struck a deal to restructure $12.6 billion of bonds with its creditors, bringing the South Asian nation closer to completing its debt overhaul two years after it defaulted.US Allies Say China Is Developing Attack Drones for RussiaInvestors agreed to take a 28% nominal reduction on the bonds, according to a statement released Wednesday at the conclusion of the second round of talks.
Dollar bonds due 2030 rose 1.5 cents on the dollar to 59.1 cents in early Asian trading on Thursday. Sri Lanka’s dollar bonds were among the best performers in emerging markets last year, delivering returns of almost 70%. Alvopetro is a small-cap energy stock that offers you a tasty dividend yield of 10.5% in July 2024. Is the dividend stock a good buy? The post Lock In a 10.5% Dividend Yield With This Small-Cap Energy Stock appeared first on The Motley Fool Canada.Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed.
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