A household can thus borrow from three or four different creditors.

Between their lines of credit and credit cards, they owed about $95,000 in total to four different creditors.

Mozambique said the four creditors who had agreed to the restructuring control around 60 per cent of the 2023 bond.

Federal prosecutors have charged Robinson with fraud, and at least four creditors have sued him for unpaid bills in Miami-Dade County, where he lives.