All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
Emerging MarketsEM LatAm

Bondholders grant Ecuador breathing room but bigger challenge to come

Ecuador, Cotopaxi, volcano, LatAm

Over 90% of Ecuador’s external bondholders agreed to a consent solicitation that expired at 5pm New York time on Friday, more than enough to allow the government to delay all coupon payments until August. A more comprehensive debt reprofiling will follow.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree