November 8, 2018 / 11:51 AM / 6 days ago

Mozambique's Eurobond restructuring plan has good terms - finance minister

MAPUTO, Nov 8 (Reuters) - Mozambique’s $726.5 million Eurobond restructuring agreement with the bulk of its creditors had good terms and conditions, Finance Minister Adriano Maleiane said on Thursday.

“The commercial terms we reached with the four members of bondholders ...I think it’s good terms and conditions,” Maleiane said on the sidelines of a conference, adding Mozambique will again meet Eurobond holders in the first quarter of 2019. (Reporting by Olivia Kumwenda-Mtambo and Manuel Mucari Editing by James Macharia)

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