Business & FinanceEnvironment

Reuters exclusively reports Vontobel and Candriam back Belize’s barrier reef ‘superbond’ buyback

Reuters exclusively reported that Belize has edged closer to securing a unique environmentally-friendly debt restructuring after two more of its ‘superbond’ holders publicly backed a plan that would see the serial defaulter commit to protecting its giant barrier reef. The government of Belize laid out a groundbreaking proposal offering to buy back the $526.5 million bond with help from U.S.-headquartered, non-profit organization The Nature Conservancy.

Article Tags
Topics of Interest: Business & FinanceEnvironment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: EuropeSouth America
Countries: Belize
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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