Ecuador seeks friendly negotiations but faces limited options

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
Emerging Markets
EM LatAm

Ecuador seeks friendly negotiations but faces limited options

Oliver West
June 10, 2020 05:30 AM
Ecuador, menu, restructuring, coronavirus, pichincha, 575, LatAm
People walks, wearing a protective mask, in Pichincha, Ecuador, on June 6, 2020. Ecuador is one of the first countries in Latin America to enter into mandatory confinement due to the health emergency by covid-19 in mid-March 2020, almost 3 months after its announcement, government authorities have prioritized the use and management of a traffic light progressive departure and return to normal. This is the case of the Mejia canton in the province of Pichincha, in this we show the departure of several citizens including boys and girls. Despite an apparent normality, this canton is still concerned about the high number of infections and deaths that Ecuador registers due to SARS VOC. (Photo by Rafael Rodriguez/NurPhoto) | Rafael Rodriguez/NurPhoto/PA Images

With bondholders mobilising ahead of a debt restructuring, Ecuador’s bonds have enjoyed a strong rally on the back of the borrower's perceived goodwill to the markets. But the government faces a delicate task in executing a restructuring.

Unlock this article.

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

To unlock this article:

Request a Free Trial or Login

Topics

Health and BiotechAmericasLatAm BondsEmerging MarketsLatAmSRILatin America
OW
Oliver West
US Bureau Chief - Latin America Editor
Contact
Gift this article