Deadline plan enfuriates Argentina bondholders

news

The ability for holders of Argentina’s defaulted debt to accept an exchange offer other than the one proposed now rests in the hands of Argentine lawmakers. In early February, Argentine economy minister Roberto Lavagna proposed a law to Congress which would bar an extension for bondholders to accept an exchange offer on $100 billion of defaulted debt beyond the February 25 deadline. The announcement infuriated investors already incensed with a proposal that would yield the largest haircut in his

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: