Atlas Mara Managing Director Sanjeev Anand says there is nothing sinister with Zambia requesting investors from Turkey to help in the refinancing of the Euro Bond.

Mr. Anand says it is a normal business practice for a country like Zambia to reprofile its debt.

He says this allows a country to repay the debt based on the cash flow and investments.

Mr. Anand told ZNBC News that debt profiling is very normal in the financial sector as it gives the borrower an option on how best to settle the debt.

 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here