Exotix raises haircut concerns in Barbados

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Exotix raises haircut concerns in Barbados

Trinidad, Tobago, Paradise beach, fish boat, Caribbean

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

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