Suriname bondholders approve debt holiday

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Suriname bondholders approve debt holiday

Suriname, Paramaribo, boats, river, LatAm, jungle, 575
PARAMARIBO,SURINAME- MARCH 17, 2016: Colorful wooden boats at the shore of the Suriname river in Paramaribo | Patricia Hofmeester/Patricia - stock.adobe.com

Bondholders overwhelmingly backed Suriname’s request for a debt standstill until at least the end of March, allowing the government to exit default. The sovereign is likely to use the payment holiday to begin negotiating a comprehensive debt restructuring.

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