(Reuters) -The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, but gaps remain for loans and collateralized debt and ...

Sri Lanka’s debt restructuring distinguishes itself from others by its complexity due to a particularly diverse creditor landscape and novel instruments issued in the restructuring. Not eligible for ...

Sovereign debt restructurings can have large impacts on trade, with a significant compression of imports and a more ambiguous effect on exports. We show that the magnitude of that impact depends on ...

Hedge funds with a stake in Brightline’s $1.1 billion of corporate debt are crafting a plan to elevate their claims over other similar creditors by offering new financing and concessions to the ...