Belize Proposes Restructuring Scenarios

Belize Corporate & Sovereign Strategy

The government of Belize has put forth indicative debt restructuring scenarios including haircuts and maturity extensions for discussion with holders of 2029 "super bonds...

Belize Bondholders Form Committee

Belize Bonds

A steering committee and ad-hoc group of at least 10 bondholders representing approximately $200m in Belize bond debt has formed to engage the government to review any po...

Belize Lowered Again

Belize Corporate & Sovereign Strategy

Moody’s has downgraded Belize’s credit rating to Ca from Caa1, it says. “The downgrade reflects the government’s deteriorating capacity and willingness to service its ext...

S&P Cuts Belize Rating

Belize Corporate & Sovereign Strategy

Standard & Poor’s has lowered Belize’s credit rating to CCC minus from CCC+, it says. The agency cites upcoming elections and a possible debt restructuring among its reas...

S&P Downgrades Belize on Debt Payment Concerns

Belize Corporate & Sovereign Strategy

S&P has downgraded Belize’s long-term sovereign ratings to CCC+ from B minus after the country’s prime minister Dean Barrow raised debt service as an election issue. The ...

Belize Outlook Revised to Negative

Belize Corporate & Sovereign Strategy

S&P has revised the outlook on Belize’s B minus rating to negative from stable, citing “diminishing political incentives to service Belize’s external debt.” Rising crime ...

Belize pulls the plug

Belize Economy & Policy Corporate & Sovereign Strategy

FDI-starved Belize would normally welcome a surge in investor interest, but the tiny nation is grabbing attention for all the wrong reasons.

IMF Warns over Contingent Liabilities in Belize


Belize has emerged from the financial crisis in fairly good shape compared to other countries, but a high level of nonperforming loans may prove challenging, the IMF says...

Belize Downgraded by S&P

Belize Corporate & Sovereign Strategy

Belize was downgraded to B minus with a stable outlook from B by S&P. The ratings agency says it lowered the sovereign due to its higher fiscal deficit and rising conting...

Belize Looks to Renationalize BEL

Brazil Belize M&A

The government of Belize has indicated its interest in acquiring a majority stake in Brazil Electric Limited (BEL) the country’s main electricity distributor. Fortis, the...