A. M. 
The President of El Salvador, Nayib Bukele, announced through his social networks the launch of a public and voluntary offer for the repurchase of the country’s external debt, which matures between 2027 and 2052. This measure is aimed at those who hold bonds of the Republic, in an effort to proactively manage public debt and promote conservation and sustainability initiatives in the country.
The repurchase is part of a broader program that seeks to optimize the structure of the Salvadoran debt. The government reserves the right to accept only a portion of the bids received and may prorate the requests, which means that not all bids will necessarily be accepted. This will allow El Salvador to have more effective control over its financial burden.
The transaction not only seeks financial savings, but is also aligned with efforts to promote sustainable practices in the country. This repurchase strategy seeks not only to alleviate the debt burden, but also to contribute to a more responsible and sustainable future for El Salvador.
With this initiative, the salvadoran government hopes to improve its financial position and offer bondholders an opportunity to participate in this restructuring process. The market response will be key to determine the success of this proposal, which is framed within a challenging global economic context.
