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Zambia asks to defer dollar-bond interest payments until April 2021

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Karin Strohecker Reuters
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Zambia launched a vote with its Eurobond holders on Tuesday, proposing to defer interest payments on its three outstanding dollar-denominated bonds until April 14, 2021.

LONDON, Sept 22 (Reuters) - Zambia launched a vote with its Eurobond holders on Tuesday, proposing to defer interest payments on its three outstanding dollar-denominated bonds until April 14, 2021.

Zambia said it would conduct a call with investors on September 29 to discuss the plan and was closely coordinating with the International Monetary Fund on making its debt sustainable.

(Reporting by Karin Strohecker; editing by Marc Jones)

((karin.strohecker@thomsonreuters.com; +442075427262; Reuters Messaging: karin.strohecker.reuters.com@reuters.net))

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