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The Bahamas will refinance part of its debt to protect its famous turquoise waters

ABC News
Summary
Nutrition label

83% Informative

The Bahamas will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects.

The deal involves buying back the existing debt via a new loan with reduced interest rates.

Overall, the Bahamas holds some $5.7 billion in external debt.

It is the fifth such debt-for-nature swap in the world.

VR Score

89

Informative language

93

Neutral language

7

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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