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

Reuters exclusively reported that Belize has edged closer to securing a unique environmentally-friendly debt restructuring after two more of its […] The post Reuters exclusively reports Vontobel and Candriam back Belize’s barrier reef ‘superbond’ buyback appeared first on Reuters News Agency.

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

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.

The post Reuters exclusively reports Vontobel and Candriam back Belize’s barrier reef ‘superbond’ buyback appeared first on Reuters News Agency.