- Bondholders are pushing to get paid over 50% more than Ethiopia’s government creditors
- These proposals could lead to bondholders making 100% profit
Ethiopia’s bondholders are pushing to get paid over 50% more than government creditors through participating in debt relief. New calculations by Debt Justice and Afrodad also show that bondholders could make over 100% profit if their proposals were accepted compared to if they had to lent to the US government instead.[1]
Negotiations between Ethiopia and its bondholders broke down in October 2025. Bondholders, including VR Capital and Farallon Capital Management, have threatened to sue Ethiopia in the UK as part of their tactics to make more profit from the…