October 19, 2017 |
Barbados is exploring a potential liability management exercise with its local bond investors, the Caribbean nation's Finance Minister Christopher Sinckler told LatinFinance.
‘It is early days,” said Sinckler. “Any exercise, if we do one, has to be voluntary. It is not going to be distressed or forced. We are not going to engage in that.”
Barbados is grappling one of the region's heaviest debt loads, which S&P Global Ratings estimates to be near 140% of the country's GDP. Last month, the rat
The Caribbean island is grappling one of the region's heaviest debt loads, but any work in debt reduction needs to be voluntary, FinMin tells LatinFinance