Ivory Coast’s $2.3 billion bond hit two-month highs on 12 January, boosted by speculation that the country’s finance minister may detail payments of missed debt coupons at upcoming meetings in Europe, Reuters reported.
An Ivory Coast delegation led by finance minister Charles Koffi Diby will travel to London and Paris this month for meetings with creditors, Ivory Coast officials said.
Ivory Coast advisers Lazard will host a meeting for bondholders on Jan 23, a Lazard spokesman said. Diby, who said in November that the country will resume payments starting with the June 30, 2012 coupon, will address the meeting. Lazard did not give details of the agenda. Read the full story here.
