More than 90% of holders of Local Government of Barbados Debt Participated in recent Debt Exchange Offer

-       The offer received the unanimous support of commercial banks, the general and life and insurers, the National Insurance Scheme (NIS), the Central Bank of Barbados, as well the support of almost an entirety of ordinary Barbadians and firms holding claims.

-       Total claim size exchanged is in the region of  BB$11.9Bn or  US$5.95Bn

 

Source: Nation News