Tag: Ashmore

• Wednesday, July 15th 2020 - 08:56 UTC

  Ecuador's US$ 17,4bn debt restructuring plan faces divided bondholders

  

  Ecuador’s government will likely have to sweeten its offer to creditors in order to reach an agreement to restructure US$ 17.4 billion in bonds, say analysts. The government’s proposal already has the backing of one group of creditors, holding around half of the bonds and including AllianceBernstein, Ashmore and BlackRock.