Zambia Has Enough Support for Bond Buyback After Sweetening Deal
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Article Excerpt
Shoppers at a market in Lusaka, Zambia. PHOTO BY ZINYANGE AUNTONY /Bloomberg Article content (Bloomberg) — Zambia has received enough support from bondholders to buy back its 2053 dollar debt in full, after offering an extra $65 million to pull in a group of holdout creditors that resisted the transaction. Article content Participation in the tender offer launched at the end of last month has exceeded 75%, according to people familiar with the matter who asked not to be named because the information isn’t public. That level allows Zambia to force any remaining holders to sell their notes. Unde…
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Jun 9, 2026