April 2, 2021 |
Suriname's finance ministry has asked bondholders for permission to delay payments on its 9.875% 2023 and 9.25% 2026 bonds until April 8, giving it time to negotiate with foreign creditors and come to an agreement with the International Monetary Fund (IMF).
"This process is necessary for a sustainable and comprehensive approach to Suriname's enormous external debt," the ministry said in the press release.
A spokesperson for the group that represents the bondholders only said it will respond on A
Bondholder group plans to give an answer to the South American sovereign issuer on April 6