London — A group representing the majority of holders of Eurobonds issued in 2013 to raise funds for the Mozambique Tuna Company (EMATUM) have rejected all the proposals put forward by the Mozambican government on Tuesday to holders of Mozambique's commercial debt.
According to the legal advisor to the Global Group of Mozambique Bondholders (GGBM), Thomas Laryea, from the law firm Cooke Robotham, “this is a non-starter for the Eurobond holders".
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