Belize bondholders form negotiating committee

Belize bondholders form negotiating committee

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Holders of Belize's sovereign bonds have formed a committee and scheduled a conference call for Friday after the government announced last week that it wanted to restructure a so-called superbond that matures in 2034. The government, led by Prime Minister Johnny Briceño of the People's United Party (PUP), plans to restructure the bonds as part of a plan to restore fiscal sustainability, although it admitted that its debt-to-GDP ratio will likely remain above 100% until 2026. Briceño, who took of

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