Central American sovereign Belize could be at risk of requiring yet another rescheduling of its bond payments, said analysts, as its debt reaches unsustainable levels and with the temporary relief that creditors granted earlier in the pandemic likely to be insufficient.
Moody’s on Tuesday downgraded Belize from Caa1 to Caa3, removing the country from
Already a subscriber?
Continue reading this article
Try full access to GlobalCapital
Credit: Source link