Information for Creditors

Government of Belize supplied information relating to the external public sector debt review.

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Belize Debt Exchange Offer Closes

The Government of Belize announced today that it has successfully closed its exchange of its U.S. Dollar Bonds.
- 20 Mar 2013
- PDF 44.2kb
- Press Release - Belize Debt Exchange Offer Closes - March 20 2013
  PDF 44.2kb
GOB Announces Success of Debt Exchange Offer

The Government of Belize announced today the success of its debt exchange offer.
- 8 Mar 2013
- PDF 38.2kb
- Press Release - Belize Debt Exchange Offer Successful March 08 2013
  PDF 38.2kb
Belize Launches Debt Exchange Offer

The Government of Belize today made an offer to exchange its U.S. Dollar Step-Up Bonds due 2029 ("2029 Bonds") for new U.S. dollar bonds to be issued by Belize ("New Bonds").
- 15 Feb 2013
- PDF 181.1kb
- Press Release - Belize Launches Debt Exchange Offer February 15 2013
  PDF 181.1kb
Update on 2029 Step-Up Bond

The Government of Belize provides a November update to holders of Belize's 2029 Step-Up Bond.
- 29 Nov 2012
- PDF 252.2kb
- Memorandum to Bondholders, 29 November 2012
  PDF 252.2kb
Q&A #2 - Belize's Debt Restructuring Exercise

This document is a November 2012 update on a number of questions that have been asked in Belize regarding the status of the government's proposal to restructure Belize's Step-Up Bonds due 2029.
- 20 Nov 2012
- PDF 221.5kb
- Question And Answer Update #2 Belize Step-up Bonds November 20 2012
  PDF 221.5kb
GOB Press Release – Belize Debt Negotiations Begin

The Government of Belize announced that it has commenced negotiations with a Coordinating Committee composed of significant holders of the Belize's US Dollar Bonds due 2029 in connection with the proposed restructuring of these bonds.
- 2 Oct 2012
- PDF 164.5kb
- GOB Press Release - Debt Negotiations Begin
  PDF 164.5kb
Partial Coupon Payment Press Release

The Government of Belize announced on 20 September 2012 that it will execute partial payment of the coupon due 20 August 2012 on the country's US Dollar Bond Due 2029.
- 20 Sep 2012
- PDF 249.9kb
- Belize partial payment press release 20 Sep 12
  PDF 249.9kb
Government of Belize Debt Stock Details

The Government of Belize provides detail information on its debt portfolio.
- 7 Sep 2012
- XLSX 69.4kb
- Additional Debt Stock Detail
  XLSX 69.4kb
Indicative Restructuring Scenarios Projections

This excel file shows the projected Government's balances and the public debt ratios under the indicative restructuring scenarios.
- 7 Sep 2012
- XLSX 20kb
- Projected Financing Balanced Under Indicative Scenarios
  XLSX 20kb
Independent Assessments of BTL and BEL

The Government of Belize commissioned independent assessments of Belize Telemedia Limited (BTL) and Belize Electricity Limited (BEL) to determine the fair market value (FMV) of their shares at 31 August 2009 for BTL and 20 June 2011 for BEL. The Expert Report compares the NERA's and Pricewaterhouse Coopers' FMV valuation methodology, among other information.
- 30 Aug 2012
- View Reports
- NERA FMV BTL Report
  PDF 203.5kb
- NERA FMV BEL Report
  PDF 330.2kb
- Expert Report - Dr. Richard Hern
  PDF 149.3kb

Information for Creditors

Government of Belize supplied information relating to the external public sector debt review.

Press Release - Belize Debt Exchange Offer Closes - March 20 2013

Press Release - Belize Debt Exchange Offer Successful March 08 2013

Press Release - Belize Launches Debt Exchange Offer February 15 2013

Memorandum to Bondholders, 29 November 2012

Question And Answer Update #2 Belize Step-up Bonds November 20 2012

GOB Press Release - Debt Negotiations Begin

Belize partial payment press release 20 Sep 12

Additional Debt Stock Detail

Projected Financing Balanced Under Indicative Scenarios

NERA FMV BTL Report

NERA FMV BEL Report

Expert Report - Dr. Richard Hern