A release from the government stated that Belize has extended its consent solicitation in regards to its move to restructure the ‘superbond’. The release says quote, “The offer contained in the Consent Solicitation Statement was scheduled to expire on February 3, 2017. The offer will now remain open until 5:00pm (New York Time) on Friday, February 10, 2017. The Consent Solicitation Statement seeks to amend the terms of the 2038 bonds. The first amendment would change the amortization schedule of the Bonds to make the outstanding principal repayable in three equal, annual installments starting in 2036. The second would fix the interest rate on the Bonds through maturity at 4% per annum. According to the release, Belize has proposed no other amendments to the terms of the 2038 Bonds. The release stresses that Belize has NOT proposed any reduction in the principal amount due under the instruments nor has it asked for an extension of the final maturity date of the bonds.