Finance Ministry Announces Agreement With Representatives From Bondholders

The Finance Ministry has announced that it has received a formal confirmation from its Official Creditor Committee (OCC) that the Agreement in Principle reached with representatives of Eurobond holders is consistent with the Comparability of Treatment principle.

As part of the OCC Common Framework for Debt Restructuring, there must be comparable treatment of Ghana’s debt due to all its other external creditors in the scope of the restructuring.

The Government intends to continue proactive engagement with the Steering Committees to finalise documentation and proceed promptly with the consent solicitation.

The Government thanks its official partners as well as representatives from the two Bondholders’ Committees for their constructive engagement over the past weeks.

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