7 News Belize

PM Flies To NYC To Settle Superbond
posted (February 14, 2017)
But right now, the government's top priority is settling the Superbond re-negotiations. That's why the Prime Minister left the country today and headed to New York.

That's where he will meet with Belize's legal and financial team to discuss the ongoing negotiations to restructure the Superbond. As we told you, there's a payment due on February 20th, and it seems bondholders may be forced back to the table, since government has given indications that it is willing to risk a default - to strengthen its bargaining position. We are told the attorney general Michael Peyreffitte will join them tomorrow.

The Prime Minister returns to Belize on Sunday. Deputy Patrick Faber will act as Prime Minister in the interim.

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