Suriname

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.