Rodrigo Olivares-Caminal, Of Counsel at Kepler-Karst and Professor of Banking and Finance Law at Queen Mary University of London, commented for Reuters on Ghana's debt restructuring plans as it faces a debt overhaul.
Regarding the $400 million guarantee offered by the World Bank to Ghana to provide extra security if the country failed to pay investors, Rodrigo said: "The guarantee was designed to kick in when there is a temporary liquidity issue, not an structural debt problem."
Rodrigo is an expert in restructurings and sovereign debt, and has been involved in the major corporate, bank and government restructurings globally.
