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The Standard Group Plc is a
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The Mozambican government formally launched an exchange offer for its defaulted 2023 Eurobond on Tuesday, seeking the consent of bondholders for a restructuring that would ease pressure on its strained public finances.
Mozambique said in May it had agreed a restructuring deal “in principle” with the majority of the holders of the dollar-denominated bond, one of the instruments at the centre of a hidden debt scandal that triggered a currency collapse.
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