Exotix sees 50% haircut possible in Barbados

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Exotix sees 50% haircut possible in Barbados

Barbados, restructuring, White Oak, LatAm, Caribbean

Defaulting Caribbean sovereign Barbados could end up forcing a 50% principal haircut on bondholders in its restructuring, said Exotix on Wednesday, as investors worried that an overly aggressive approach from the island nation would see it lose market access for the foreseeable future.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article