Belize finally jumps restructuring hurdle

By Oliver West
16 Mar 2017

Central American sovereign Belize said on Wednesday that it had received the necessary approval from bondholders to restructure dollar bonds that comprise nearly 40% of its total debt stock.

After extending the deadline four times on a consent solicitation launched on January 12, Belize finally ceded to creditor demands with an amended proposal on March 3. 

This led the 2038s, of which $526.5m is outstanding, to shoot up from the mid-40s to the high 60s in the secondary ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.