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Emerging MarketsEM LatAm

Suriname creditors pull termination trigger with fraught talks ahead

Suriname, finance ministry, Paramaribo, LatAm, caribbean, 575, restructuring

A group of Suriname’s bondholders on Monday followed through on their threat to cancel the payment relief that they had offered the sovereign, effectively pushing the government into technical default. But the move only supports expectations that restructuring negotiations will be lengthy and fraught.

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