Barbados faces pushback as external creditors argue proposed exchange

Barbados faces pushback as external creditors argue proposed exchange

Capital Markets Bonds Barbados

Barbados ministry of finance is facing pushback from a committee of external creditors who feel the Caribbean island did not do enough to communicate its recent debt exchange efforts with them. "Despite the appearance of progress in resolving the country's debt situation, the committee has had no meaningful interaction with the Barbados authorities or their advisors over the past two weeks as to the terms that underlie the [IMF agreement] and, in particular, any future financing gaps implied by

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