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Emerging MarketsEM LatAm

Belize seeks to delay debt payments until after election

Belize, restructuring, default, coupon, deferral, LatAm, Central America, 575

The government of Belize will launch a consent solicitation in early July asking bondholders to agree to delay all interest payments due before February, it said on Wednesday. With a general election due in November, this would effectively leave the next government to decide whether further debt negotiations are required.

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