Good news for Mozambique, which finally hopes to breathe after reaching a principal agreement with some of its creditors to restructure a suffocating debt. 

In 2016, Mozambique contracted a bond issue, in the form of Eurobonds worth $726.5 million, to be repaid by 2023 at the latest.
This money should be used to repay a first debt contracted in 2013.

Just in 2017, Maputo reported its inability to repay interest worth $59.7 million as of January 18, 2017.


So what are the terms of the agreemen…
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