(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...
Sri Lanka’s debt restructuring distinguishes itself from others by its complexity due to a particularly diverse creditor landscape and novel instruments issued in the restructuring. Not eligible for ...
Greece’s new prime minister is seeking crucial parliamentary support for an EU bailout package that will require restructuring its sovereign debt. Economist William Cline says Uruguay’s 2003 default ...
If you are interested in the frontier thinking of European debt restructuring, you need to read the latest from Buchheit, Gulati, and Tirado. In it, they propose an amendment to the European Stability ...
Sovereign debt restructurings can have large impacts on trade, with a significant compression of imports and a more ambiguous effect on exports. We show that the magnitude of that impact depends on ...
LONDON, Jan 6 (Reuters) - After nearly a decade of default limbo, the U.S. removal of Venezuela's Nicolas Maduro has turned debt restructuring from a distant hope into a real possibility for ...
The current system of development finance and debt restructuring is in urgent need of reform. As aid flows decline, climate change and nature loss accelerate, and global growth slows, developing ...
HONG KONG, July 30 (Reuters) - China Evergrande Group looks set to be kicked off the Hong Kong exchange next month after failing to revamp its debt and being pushed into liquidation, with the ...
Hedge funds with a stake in Brightline’s $1.1 billion of corporate debt are crafting a plan to elevate their claims over other similar creditors by offering new financing and concessions to the ...
IN ONE OF his final acts of global engagement, Pope Francis convened a Jubilee Commission of experts—including ourselves and other leading experts in debt and development—at the Vatican to address a ...