Markets: Belize Belize
Belize

KEY INDUSTRY VIEWS: BELIZE


NEW DEVELOPMENTS

March 8, 2013
Belize Confirms Over 86% Participation in its Exchange Offer.

February 19, 2013
Statement from Belize Coordinating Committee Announcing Its Members Intend to Participate in Debt Exchange Offer.

February 12, 2013
Press Release Issued by the Government of Belize Regarding an Exchange Offer.

December 4, 2012
Belize Coordinating Committee Response to Belize’s Press Release Announcing the Beginning of Debt Negotiations with Bondholders.

November 29, 2012
Government of Belize Press Release Updating Restructuring Progress.

October 2, 2012
Press Release from Government of Belize Announcing the Beginning of Debt Negotiations with Bondholders.


September 21, 2012
Notice from Bank of New York, Belize Trustee, Regarding Record and Payment Dates.

September 20, 2012
Press Releases by Belize and Belize Coordinating Committee on a Partial Payment.

August 28, 2012
Press Release Issued by Belize Co-ordinating Committee.

August 21, 2012
EMTA Recommends Flat Trading For Belize’s 2029 Bonds.

Standard & Poor’s Downgrades Belize’s Long-Term Foreign Currency Sovereign Credit Rating from CC to SD.

August 14, 2012
Press Release from Belizean Ministry of Finance, “Unable to Make Coupon Payment.”

Standard & Poor’s Downgrades Belize’s Long-Term Foreign Currency Sovereign Credit Rating from CCC- to CC.

August 13, 2012
Statement from Belize Coordinating Committee Following Release of Indicative Restructuring Scenarios.

August 10, 2012
“Belize Restructuring: Game On.” – Carl Ross (Oppenheimer & Co.).

August 8, 2012
Belize Releases Indicative Restructuring Scenarios.

“Belize Offers Worst Restructuring Terms.” – Joe Kogan (Scotiabank).

June 13, 2012
Belize Coordinating Committee Announces Formation.

March 1, 2012
Standard & Poor's Downgrades Its Long-Term Foreign Currency Sovereign Credit Rating on Belize from CCC+ to CCC-.

February 16, 2012
Moody's Downgrades Belize's Government Bond Rating from B3 to Caa1.

February 6, 2012
Standard & Poor’s Downgrades Belize’s Long-Term Foreign Currency Sovereign Credit Rating from B- to CCC+.

February 10, 2009

Moody's Upgrades Belize's Government Bond Rating from Caa1 to B3. 

February 20, 2007

Belize Closes Exchange Offer with 98% of Eligible Debt Tendered.

February 13, 2007

Moody's Upgrades Belize from Caa3 to Caa1 Following Restructuring.

January 31, 2007

Belize Says that 93% of Eligible Debt Accepts Restructuring Offer.

December 7, 2006

Standard & Poor's Downgrades Belize's Long-Term Foreign Currency Rating to 'Select Default'.

December 6, 2006

Statement from Government of Belize on Debt Exchange Offer.

August 4, 2006

Standard & Poor's Downgrades Belize's Long-Term Foreign Currency Rating to CC.

August 2, 2006

Belize Announces Debt Rearrangement.

Letter from Belize's Prime Minister Regarding Formation of Creditors Committee.

June 18, 2003

EM Sovereign Bond Documentation Charts for Belize and Ukraine.