INSUBCONTINENT EXCLUSIVE:
official creditors, though said a lack of transparency on deals struck so far was regrettable.Sri Lanka and a group of its creditor nations,
including Japan, France and India, on Wednesday reached an agreement in principle on a debt rework of $5.9 billion of outstanding public
That followed a deal between the country and the Export-Import Bank of China in October on about $4.2 billion of loans.But the bondholder
and private creditors was making it more difficult for them to strike a deal with Sri Lanka that is compliant with IMF rules and that
Bondholders said in an emailed statement.The visibility of terms and conditions attached to deals struck between indebted countries and
their official and private creditors have recently moved centre stage.Last week, objections from official creditors derailed an agreement in
the relief official creditors offered.The Sri Lanka Ad Hoc Group of bondholders said it remained committed to reaching an agreement with the
said.The Ad Hoc Group is advised by Rothschild - Co on the financial side and by White - Case LLP on legal matters.Attached below is the
