Afreximbank: Preferred creditor questions for smaller MDBs
When is a DFI preferred creditor not a preferred creditor? A messy restructuring and a ratings downgrade for Afreximbank could hammer smaller development banks’ cost of...
When is a DFI preferred creditor not a preferred creditor? A messy restructuring and a ratings downgrade for Afreximbank could hammer smaller development banks’ cost of...
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When is a DFI preferred creditor not a preferred creditor? A messy restructuring and a ratings downgrade for Afreximbank could hammer smaller development banks’ cost of capital and reduce their ability to respond flexibly to the needs of debt-burdened sovereigns.