Morgan Lewis Advises Republic of Suriname on Follow-on $265 Million Sovereign Bond Offering

LONDON and NEW YORK, March 2, 2026: Morgan Lewis served as US legal adviser to the Republic of Suriname in a $265 million sovereign bond offering that closed on February 26. The bonds constitute a further issuance of Suriname’s existing $1.05 billion 8.50% notes due 2035 that were issued on November 6, 2025. The offering was made pursuant to Rule 144A and Regulation S, and the bonds have been listed on the Luxembourg Stock Exchange.

A portion of the net proceeds from the follow-on offering will be used to finance one or more “Eligible Social Expenditures,” including expenditures on essential public services, food security, affordable housing, employment generation, and financial inclusion. Such funds will be deposited in a dedicated, segregated account at the Central Bank of Suriname with expenditures subject to approval, monitoring, and reporting requirements. The net proceeds will also be used to add funds to an existing debt service prefunding account and to repay certain bilateral loans from Paris Club lenders.

Morgan Lewis also advised the Republic of Suriname on the previous offering on November 6, 2025 of $1.05 billion 8.50% notes due 2035, which was made together with an offering of $525 million 7.70% Notes due 2030.

Morgan Lewis partner Carter Brod and associate Hazem Nakib advised Suriname.