Investors sign on to Belize restructuring

Investors sign on to Belize restructuring

Corporate & Sovereign Strategy Bonds Debt Fixed Income Belize Chile ESG

The government of Belize said the "vast majority" of holders of its only international bond have signed on to a deal to restructure $550 million worth of dollar-denominated debt. Bondholders with 84.4% of Belize's 4.938% 2034 bonds tendered their notes in a buyback announced earlier this month, above the 75% threshold that the government needed to proceed with the deal, according to a press release on Friday.  A group that holds close to 50% of the outstanding bonds, anchored by Aberdeen Standar

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