Barbados blue bond to help Caribbean with liability management
New deal adds two-year payment deferral to existing natural-disaster clause to mitigate impact of a future pandemic.
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New deal adds two-year payment deferral to existing natural-disaster clause to mitigate impact of a future pandemic.
SAN JUAN, Puerto Rico (AP) — Barbados announced Wednesday that it is refinancing part of its debt to help save the ocean as part of a unusual deal. Government officials agreed to a $150 million debt conversion deal with The Nature Conservancy and the Inter-American Development Bank, the third of its kind in the world.
Mary Kay Inc., a global advocate for corporate sustainability and stewardship, has long been on the frontlines of the fight to protect our oceans. Recently, ...