LONDON, BOSTON and NEW YORK, November 4, 2020 – A representative group of institutional holders of
Eurodollar bonds due 2023 and 2026 (collectively, the “Eurobonds”) issued by the Republic of Suriname
(“Suriname”) has come together to form a creditor committee (the “Committee”) in response to the announcement
by Suriname that it has elected to take advantage of the 30-day grace period on the coupon payment that was due
on October 26, 2020 on the 2026 Eurobonds, and that it intends to seek a payment deferral on its foreign currencydenominated
debt in the short term.