April 19, 2018 / 10:36 AM / 5 months ago

Congo Republic debt restructuring will not affect bondholders - PM

BRAZZAVILLE, April 19 (Reuters) - Congo Republic’s current efforts to restructure its external debt will not affect multilateral creditors or holders of its Eurobond and regional bond, Prime Minister Clement Mouamba said in a statement late on Wednesday.

In the statement, he said that ongoing talks with the International Monetary Fund, which has said the oil producer’s debt is unsustainable, will “rapidly lead to the adoption” of a three-year programme with the Fund. (Reporting by Christian Elion Writing by Joe Bavier; Editing by Toby Chopra)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below