News & Music Power
LOVE FM
News & Music Power LOVE FM
[simple-weather latitude="17.4952" longitude="-88.2018" days="2" units="metric"]
Learn More...
Find Out How
Previous
Next

7145 Slaughterhouse Road

Belize City, Belize Central America

(+501) 203-2098 or 203-0528

Give Us a Call for More Info or Questions

Mon - Fri: 8:00am - 5:00pm

Our Main Office Opening Hours

Learn More...
Find Out How
Previous
Next
Banking & Finance

Another Week for Superbond’s Consent Solicitation to Expire

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.

To Top