Zambia negotiates $3.3 bln commercial debt restructuring, after bonds deal [Reuters]
INDUSTRIAL & COM UNSP/ADR (IDCBY)
NASDAQ:AMEX Investor Relations:
dictionary.com/browse/industrial
Company Research
Source: Reuters
sovereign bonds last week, an official said on Wednesday, as the country seeks to emerge from a three-year default "We have already started negotiations and with some we are almost reaching there," Secretary to the Treasury Felix Nkulukusa said at a public meeting, referring to private creditors other than bondholders. "The $3.3 billion is the money that we have to continue engaging (on) and we are engaging in good faith," he said. Zambia reached a deal-in-principle with private commercial bondholders, mainly western asset managers, to rework about $3 billion in international bonds on March 25, bringing it closer to finishing a complex process after multiple delays. The copper-producing country, which is dealing with a devastating drought, now needs to negotiate restructuring agreements with its other commercial creditors, having also reached a deal with bilateral creditors in June 2023 The remaining commercial lenders include the Chinese state-owned China Development Bank a
Show less
Read more
Impact Snapshot
Event Time:
IDCBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IDCBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IDCBY alerts
High impacting INDUSTRIAL & COM UNSP/ADR news events
Weekly update
A roundup of the hottest topics
IDCBY
News
- China Banks Rush to Offer Loans for State Buying of Unsold Homes [Yahoo! Finance Canada]Yahoo! Finance Canada
- China Banks Rush to Offer Loans for State Buying of Unsold Homes [BNN Bloomberg (Canada)]BNN Bloomberg
- THE FUTURE OF GLOBAL TRADE IS BEING REGIONALISED, RESTRUCTURED, AND REROUTED, DMCC REPORT FINDS [Yahoo! Finance]Yahoo! Finance
- China Megabanks Kick Off $8.3 Billion Loss-Absorbing Bond Sales [Yahoo! Finance Canada]Yahoo! Finance Canada
- China Megabanks Kick Off $8.3 Billion Loss-Absorbing Bond Sales [BNN Bloomberg (Canada)]BNN Bloomberg