Belize seeks 'mildest' restructuring

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Belize seeks 'mildest' restructuring

Belize, restructuring, Caribbean
Location Belize. Red pin on the map. | Zerophoto/Zerophoto - Fotolia

Belize is asking bondholders to allow it to delay the amortisation of and reduce the coupon rate on its $526.5m 2038 bond in what the country’s financial secretary said would be the “mildest adjustment” to the notes that could make them “sustainable”.

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