by Pankaj Yadav NEW DELHI, June 5 (Xinhua) India will focus on achieving the target of 20 percent blending of the biofuel ethanol in petrol by 2025, five yea
The Montenegrin government is financing a highway with a €1 billion loan from a state-run Chinese bank. Now it's facing problems trying to repay the first installment due in July.
By Reuters Staff
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NEW YORK, June 1 (Reuters) - The government of Belize on Tuesday extended the period to seek bondholder consent to new terms on its $550 million bond due in 2034.
The Central American country extended its consent solicitation through Friday June 11 at 5:00 p.m. New York time, the ministry of finance said in a statement.
Belize is also looking to stretch out to October of 2021 any principal restatement related to the May 20, 2021 coupon payment, which the government missed.
S&P said last month it doesn’t expect the government to make the payment during a 30-day grace period.