Ghana, Bondholders Reach Restructuring Deal for Guaranteed Debt

Ghana and a group of bondholders have reached an agreement in principle to restructure a defaulted 2026 dollar bond, marking a key step in the country’s ongoing effort to resolve disputes with international creditors.

The restructuring terms were agreed after two years of negotiations between Ghana and an ad hoc committee which represents holders of the notes, people familiar with the matter said late Wednesday, asking not to be identified.