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Ghana Extends Local Debt Swap Deadline a Fourth Time Amid Talks

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Ghana’s government has extended a deadline for domestic bondholders to accept a debt-swap proposal while finalizing negotiations with holdouts.

The exchange offer for 137.3 billion cedis ($11.2 billion) of public debt, meant to close Tuesday, will now expire on Feb. 7, Ghana’s finance ministry said in a statement Tuesday. The new settlement date will be Feb. 14.

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