Page 3 - Debt Conversion News Today

Via NewMediaWire – Petroteq Energy Inc. ("Petroteq" or the "Company")‎ (TSXV:PQE) (‎OTC PINK:PQEFF) (FSE:PQCF), an oil ‎company focused on the development and

THE Government of Barbados has secured BB$146.52 million from the issuance of a dual currency blue bond with Inter-American Development Bank (IDB) and The Nature Conservancy (TNC) acting as guaran...

As Government seeks to enter into a debt-for-nature swap to help fund marine conservation efforts, lawmakers are giving the assurance that it will not cost taxpayers a cent.Minister in the Ministry of Finance Ryan Straughn explained that the debt swap arrangement, which is being entered into with CIBC FirstCaribbean and Credit Suisse International at  BDS$150 million each, was to allow government to buy back a portion of its existing debt at a lower interest rate - both Eurobonds and Series E b...

The Barbados government assured taxpayers on Tuesday that they will not be footing the bill of the debt-for-nature swap to help fund marine conservation efforts. Minister in the Ministry of Finance & Econ0mic Affairs, Ryan Straughn told Parliament that the debt swap arrangement, which is being entered into with CIBC First Caribbean and Credit Suisse International at $150 million each, was to allow the government to re-purchase a portion of …

Faced with a $2 billion economic contraction and related $600 million fall in revenue, Government would have found it “completely impossible” to finance Barbados’ response to the COVID-19 pandemic without borrowing more money from the International Monetary Fund (IMF) and others. Now having taken on the increased financial burden, the IMF and other key players in the international community need to give Barbados and other countries the room to more …

Acting Prime Minister Santia Bradshaw and Attorney General Dale Marshall have both advised Barbadians to make their way home as the island prepares for inclement weather associated with a tropical wave. Bradshaw said the public sector would close at 3:30 p.m. and had alerted head of the Barbados Private Sector Association Trisha Tannis so that sector could make its own arrangements. Public transportation will be available up to 6:30 p.m. …

Attorney General Dale Marshall has urged Barbadians to get home safely and prepare for the bad weather that the Barbados Meteorological Services has predicted will impact the country today. He was speaking in the House of Assembly earlier today at the end of a shorter than expected session during which members debated and approved the Debt Conversion (Counter-Guarantee) Bill. The legislation will see Government converting some of its debt for …

Investegate announcements from Eight Capital Ptnrs., Issue of Listed Bonds & Balance Sheet Update

/PRNewswire/ -- KBR, Inc. (NYSE: KBR) today announced its first quarter 2022 financial results and updated FY 2022 financial guidance....

Investegate announcements from Caspian Sunrise plc, Debt Conversion and Operational Updates