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GC Asia
Suriname creditors back latest debt deferral
A group of institutional investors owning international bonds issued by Suriname have agreed to grant the South American sovereign a third debt payment standstill after the issuer modified the terms of a consent solicitation.
Suriname has extended the deadline on its consent solicitation — through which it is seeking to postpone bond payments until July 30 — from April 8 to 5pm New York time on April 12. The postponement of payments is contingent on Suriname reaching a staff-level agreement with the
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