Belize deadline nears after missed coupon payment

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Belize deadline nears after missed coupon payment

Belize, Dean Barrow, LatAm
Belize Prime Minister Dean Oliver Barrow waves as he arrives at a retreat at the 5th Summit of the America's in Port of Spain, Trinidad and Tobago Sunday April 19, 2009. Adrian Wyld/TCPI/The Canadian Press | Adrian Wyld/The Canadian Press/PA Images

Central American sovereign Belize failed to make a $13m coupon payment on its 2038 bonds this week, after saying it hoped to persuade bondholders to agree to a consent solicitation that would provide significant debt relief.

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