Jilted Argentina bondholders appeal to World Bank in final throw of the dice

pg15-nestor-jpg

It's been called the longest train wreck in history. Five years on from Argentina's slow, apparent-to-all economic collapse that culminated in its record default on $95 billion of debt in December 2001, and the litigation battle stemming from that singular event continues to drag on.

Since the Argentine government forced through an exchange offer worth about 30 cents on the dollar last year, the fate of 'hold-out' investors with more than $20 billion in defaulted paper has remained unresolved

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: