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Ecuador Political News

Creditor group says Ecuador should improve terms of debt renegotiation- Nasdaq

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Ecuador should improve the terms of a debt renegotiation planthat the cash-strapped government launched this week, a group of investors who hold some of the country’s bonds said on Friday.

The South American nation on Monday said the debt proposal had won the backing of investors holding around half of the country’s $17.4 billion in bonds, including major players such as AllianceBernstein and Ashmore Investment Management.

To read the full article on Nasdaq, click here.

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