Barbados wraps restructuring as PM calls for debt resilience

The prime minister of Barbados told GlobalCapital’s sister publication GlobalMarkets that she hoped more vulnerable nations would adopt natural disaster clauses in their debt documents to protect themselves from climate events.
Barbados came to an agreement with external bondholders on Friday, 17 months after announcing a restructuring as soon as Mia Mottley took office as prime minister.
The country wrapped up a B$12bn ($6bn) domestic debt restructuring in October 2018, but negotiations with international bondholders proved tricky. In May a
...
Already a subscriber? Login
Further Reading
-
Syndicated Loans
Taiwanese banks ditch IB-led loans over default fears, MoF guidance
-
Emerging Markets
UKEF backs biggest overseas infrastructure financing for Egypt rail project
-
IPOs
Primavera Capital nets $360m from Spac IPO
-
Follow-ons/Rights Issues
Orient Overseas, healthcare duo tap Hong Kong ECM