Barbados

Colombia cuts rate to historic low  

Economy & Policy Regulation Barbados

Central bank sticks to a countercyclical monetary stance and lowers the benchmark by 50 bps to 2.75%

IMF evaluates financing for Ecuador  

Loans Funds Economy & Policy

Fund also approves $650 mln in emergency funding for the Dominican Republic and adds $90 mln to an existing facility for Barbados

IMF grants emergency loan for Costa Rica  

Loans Debt Coronavirus

Fund also approves $66 mln in rapid financing for Dominica, Grenada and Saint Lucia

Pandemic slashes tourism, cuts into Caribbean economies

Economy & Policy Funds Debenture

Island nations feel increased fiscal pressure from sharp decline in foreign-currency inflows

IMF forecasts difficult times for the Caribbean  

Capital Markets Debt Corporate & Sovereign Strategy

Caribbean nations agree to a collective approach to access international financing

IDB grants loan to Barbados

Loans Debt Economy & Policy

Development bank supplies $80 mln for the government's Roofs to Reefs program

Barbados gets near unanimous response in bond swap

Asset Management Bonds Debt

International creditors with 94% of outstanding notes agree to participate in a $500 mln debt exchange

Grupo Gilinski acquires CIBC's Caribbean business

M&A Equity Loans

Colombian banking group agrees to pay $797 mln for control of Barbados-based FirstCaribbean

Foreign investors support Barbados bond swap

Asset Management Bonds Debt

Creditor committee endorses a $500 mln debt exchange with the island nation and expects other bondholders to participate

Barbados reaches debt restructuring deal with creditors

Asset Management Capital Markets Bonds

Government comes to an agreement with investors at the World Bank/IMF meetings in Washington DC

Bondholders balk at Barbados' proposal

Bonds Debt Capital Markets

Creditor committee wants to negotiate new terms as soon as possible

Barbados PM 'optimistic' about restructuring  

Bonds Economy & Policy Barbados

Mia Mottley says talks with bondholders continue but does not give a timetable for an agreement

S&P upgrades Barbados

Bonds Debt Capital Markets

Rating agency rewards the island government for completing a local debt swap and securing multilateral financing

IDB adds to Barbados bailout

Corporate & Sovereign Strategy Loans Barbados

Multilateral lender supplies $100m to go along with $290m from the IMF and $75m from the CDB

CDB approves loan to Barbados

Corporate & Sovereign Strategy Loans Barbados

Caribbean island receives $75m under the BERT plan