Reuters exclusively reports Vontobel and Candriam back Belize’s barrier reef ‘superbond’ buyback

Last Updated on 24/09/2021 by

Business & FinanceEnvironment

Reuters exclusively reported that Belize has edged closer to securing a unique environmentally-friendly debt restructuring after two more of its ‘superbond’ holders publicly backed a plan that would see the serial defaulter commit to protecting its giant barrier reef. The government of Belize laid out a groundbreaking proposal offering to buy back the $526.5 million bond with help from U.S.-headquartered, non-profit organization The Nature Conservancy.

Article Tags

Topics of Interest: Business & FinanceEnvironment

Type: Reuters Best

Sectors: Commodities & Energy

Regions: EuropeSouth America

Countries: Belize

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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