The 37% haircut on Eurobond ‘not saved’ but a debt forgiveness
Document Type
Video
Publication Date
6-26-2024
Abstract
It is crucial for Ghana not to view this relief 37% reduction in the principal of Ghana's $13.1 billion Eurobond as a "savings" but as an opportunity to strategically plan for future debt payments, perhaps through establishing escrow accounts or sinking funds.
First Department
School of Business Administration
Recommended Citation
Peprah, Williams Kwasi, "The 37% haircut on Eurobond ‘not saved’ but a debt forgiveness" (2024). Faculty Publications. 5386.
https://digitalcommons.andrews.edu/pubs/5386