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Businessweek has a good article out about Belize and the debt restructuring. A lower interest rate would be nice.
"Barrow said he would pursue more lenient terms for the government after the interest rate on the notes rose to 8.5 percent this year from 6 percent as part of an accord reached with bondholders in 2007. TCW says investors are overestimating the losses the country will seek to impose in any new agreement."
“If Belize can restructure in a pragmatic and open way that is friendly to investors and preserves access to the markets, it should only be a benefit for them.”
