Argentina inches towards repaying debt
Montreux Partners and EM settle; four creditors yet to agree on removing injunction
Two of the creditors involved in Argentina's debt saga have settled after the Latin American government submitted a proposal to the US federal court in New York on February 5.
Montreux Partners and EM will be paid $298.7 million and $849.2 million respectively, court documents filed by Michael Paskin, representing Argentina, explained.
Earlier in the month, Thomas Griesa – the US judge overseeing the litigation between Argentina and six bondholders – had ordered the creditors to establish why
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Fed policy-makers disagree over risks
- Supervisors grapple with the smaller bank dilemma
- Taking stock of Bernanke: the original sin of forecasting