Suriname asks to delay debt payments

Suriname asks to delay debt payments

Corporate & Sovereign Strategy International Monetary Fund (IMF) Economy & Policy Bonds Debt Fixed Income Suriname Capital Markets

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

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