Suriname eyes dam funding as 2026s slip

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Suriname eyes dam funding as 2026s slip

Suriname, Afokaba, dam, hydropower, energy, Alcoa, LatAm
EJRX4Y Afobaka dam, Suriname | Ariadne Van Zandbergen / Alamy Stock Photo/Alamy Stock Photo

South American sovereign Suriname is looking to raise $150m of 18-month debt in bond markets to fund the transfer of a dam that the government believes can significantly improve public finances. But the issuer’s only outstanding international bond is tumbling in secondary markets, say investors.

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