Suriname

Fitch upgrades Suriname on standstill agreement

Bonds Debt Capital Markets

South American nation's sovereign ratings rise out of default after creditors agree to wait till March for payment

IDB Invest funds trade finance for Republic Bank

Structured Finance Loans Caribbean

IDB's private sector division supplies $55 mln for the Trinidad-based lender to offer credit in Barbados, Guyana and Suriname

Creditors agree to new deadline with Suriname

Bonds Debt Capital Markets

Bondholders plan to vote on a proposal on December 4 to restructure the South American nation's 2023 and 2026 notes

IMF says Suriname asks for help alongside creditor talks

Asset Management Bonds Debt

Multilateral lender says it is engaged in "constructive and close dialogue" with the South American nation

Suriname creditors ask government for more time to review payment delay

Bonds Asset Management Debt

Investors cite short time period for government's request as impediment to working toward smooth negotiations

Suriname seeks breathing room for debt payments  

Bonds Debt Capital Markets

South American nation asks to defer bond payments on its 2023 and 2026 notes

Creditors organize before talks with Suriname

Bonds Debt Capital Markets

Bondholder group hires Newstate Partners as an adviser in restructuring negotiations

Fitch downgrades Suriname on missed payment

Bonds Debt Capital Markets

Rating agency gives the South American sovereign a C and says the default process has begun

Suriname invokes 30-day grace period on debt payments

Bonds Debt Corporate & Sovereign Strategy

Finance ministry says it will skip a $25 mln interest payment for its 2026 bonds on October 26

Suriname invokes 30-day grace period on debt payments

Bonds Debt Capital Markets

Government to skip payment on October 26

Bondholders uneasy as Suriname prepares for restructuring

Bonds Debt Capital Markets

Investors see long and contentious talks after the country hires Lazard as financial adviser

Suriname suffers two more downgrades

Corporate & Sovereign Strategy Economy & Policy Bonds

S&P and Fitch now list the country in default after a restructuring agreement with bondholders earlier this month

Suriname gets bondholder consent

Bonds Debt Capital Markets

Holders of 99.84% of the sovereign issuer's 2023 notes agreed to defer payment of principal

Suriname sovereign credit rating downgraded by Moody's to Caa3 from B3  

Corporate & Sovereign Strategy Economy & Policy Latin America

Ratings agency downgraded country's debt due to higher probabiity of default due to coronavirus pandemic.