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Separately, it says it has now also opened talks with private bondholders to try to reach a similar understanding over USD3bn in dollar-denominated bonds.
This brings the three-year attempt to negotiate a debt-restructuring deal to a halt at the last hurdle. The parties must now try to salvage the deal before the end-of-year…
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DOI: 10.1108/OXAN-DB283748
ISSN: 2633-304X
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Chinese creditors now look set to waive debt payments due between May 2020 and June 2021, when the G20's Debt Service Suspension Initiative (DSSI) currently expires, although…