The Finance Minister says that the restructuring deal will be done by the end of the month

Ghana and creditors expect to reach an agreement in principle to restructure overseas bonds as soon as the end of May. People with direct knowledge of the matter say deal could be reached by end-of-May. A committee of b.a committee of creditors is expected to discuss the deal.

Ghana has made “significant progress” in debt-restructuring negotiations, finance minister says. Restructuring snag that sent eurobonds tumbling on Monday will be ironed out in further talks with bondholders, he says. Ghana's Eurobonds fell to 10 percent on Monday.