Suriname notches structured deal to fund dam handover

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Suriname notches structured deal to fund dam handover

Oliver West
December 18, 2019 04:45 am
Desi Bouterse, murder, president, Suriname, LatAm
PARAMARIBO, SURINAME ñ JULY 27, 2019: Suriname's President Desi Bouterse during a meeting with Russia's Foreign Minister Sergei Lavrov. Alexander Shcherbak/TASS | Alexander Shcherbak/Tass/PA Images

Despite its only previous outstanding bond trading at distressed levels and its president being sentenced to 20 years in jail for murder during the sale process, Suriname has managed to issue $125m of new amortising bonds that analysts say should be crucial for a proposed electricity reform.

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Oliver West
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