Two years ago, tens of thousands of Sri Lankans rose up against their president and forced him to flee the country.

By Libby George, Karin Strohecker and Uditha Jayasinghe LONDON (Reuters) -Sri Lanka reached a draft deal with creditors to restructure $12.5 billion of international bonds, it said on Thursday, in a major boost to the island nation's fragile recovery just two days before its presidential election.

Sri Lanka said it’s reached an agreement in principle with bondholders to restructure about $12.6 billion in bonds, just two days before the country heads to elections that have rattled investors.