Sri Lanka Risks IMF Roadblock as Local Debt Plan Gets Few Takers.

(Bloomberg) -- Sri Lanka's plan for a voluntary restructuring of its domestic debt is finding few takers from local banks worried about a hit to their capital, raising the risk of a delay in the country's financial rescue. The country's biggest challenge after securing a $3 billion bailout from the International Monetary Fund in March is to reach a restructuring deal with creditors that would make its debt sustainable in the eyes of the Washington-based lender. [Extracted from the article]