Reuters exclusively reported that Suriname reached an agreement in principle with its Eurobond creditor committee for the restructuring of its debt.
Business & Finance
Suriname reaches debt restructuring deal with bondholders
03 May 2023, 4:07 pm 1 minute
Market Impact
The deal to restructure Suriname’s two outstanding dollar-denominated bonds with nearly $600 million outstanding includes a new bond with a 7.95% interest rate and a 25% “haircut on contractual receivables,” the government said in a statement.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Americas
Countries: Suriname
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story