Lazard Research & Insights
October 15, 2025
Anatomy of a Restructuring: The World Bank Ghana 2030 Partially Guaranteed Eurobond
Together with White & Case, Lazard proposes a simple fix that would ensure that partial guarantees instruments can be easily dealt with in restructuring contexts, without affecting their attractiveness ex ante.
The Preferred Creditor Status glut – The search for loss absorption in Africa
Lazard's Policy Paper analyses the delicate trade-off between the need to provide debt relief to over-indebted countries and the need to protect as much as possible international public lenders with government shareholders and a policy mandate.
The 2020-2025 Sovereign Debt Crisis: What have we learnt and what lies ahead?
In this policy brief, Lazard's Sovereign Advisory team reflects on the last five years, explains what they have learnt and offers some thoughts about what lies ahead.
