Investors are preparing to fight Mozambique’s plan to restructure their $726 million of bonds a second time, threatening a stalemate that could delay the country’s access to much-needed aid. Bondholders are forming a committee to prepare for a potential default and say they won’t negotiate debt relief now because they mistrust the government’s financial disclosures and want it to seek relief from other creditors first, according to...

Source: Wall Street Journal November 07, 2016 22:48 UTC