Ghana and its international bondholders reached an agreement in principle on restructuring of its dollar bonds.
Ghana's long-running debt restructuring took another step towards the finish line on Monday after the government said it struck an agreement in principle on a debt rework with holders of some $13 billion of international bonds.
Below is a condensed timeline of key events:
The government tells overseas bondholders that it wants a simple debt restructuring, rather than using any "state-contingent debt instruments", which link payouts to variables such as economic growth or commodity prices.