Belize and bondholders fall out over IMF, GDP rebasing
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Emerging MarketsEM LatAm

Belize and bondholders fall out over IMF, GDP rebasing

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

A committee of Belize’s largest bondholders said on Wednesday that there was a “lack of transparency” in the country’s debt restructuring proposal, claiming that Belize failed to address several creditor concerns during confidential negotiations. The committee said bondholders should not bear the costs if Belize decides to reject an IMF programme.

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