Business & Finance
03 May 2023, 4:07 pm 1 minute
Reuters exclusively reported that Suriname reached an agreement in principle with its Eurobond creditor committee for the restructuring of its debt.
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