July 3, 2020
Holders of roughly 83% of Suriname's 9.875% 2023 bonds have agreed to accept deferred payments after the sovereign issuer missed a payment on June 30, the country said in a press release.
Suriname offered to resume interest payments in June 2021 if it gets a loan from the International Monetary Fund (IMF) before the end of the year. If it does not get the loan, it said it will pay $15 million on December 30 this year, followed by six semi-annual installments of $18.3 million each.
It also asked
Holders of 83% of the sovereign issuer's 2023 notes give the country a year if it gets a loan from the IMF