El Salvador: a historic exchange of debt for nature News ad

El Salvador: a historic exchange of debt for nature

 News ad

El Salvador took advantage of a record sale of government debt in September to refinance its foreign debt through a special purpose vehicle through JPMorgan Chase. By tendering its entire $7.2 billion foreign debt, the country eventually agreed to buy back $1.03 billion, or 14% of its bonds maturing between 2027 and 2052. Bonds with … Read more