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Emerging MarketsEM LatAm

Suriname to miss coupon payment, engage IMF amid liquidity squeeze

Suriname, Paramaribo, boats, river, LatAm, jungle, 575

Suriname’s new government said on Thursday that it would not make a coupon payment due next Monday on its $550m of 9.25% 2026s as it prepares for restructuring discussions. But with the Surinamese economy capable of generating high levels of hard currency, the focus could be on liquidity relief rather than principal haircuts.

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