Argentina is poised to return to international capital markets after a 15-year ban as it finally reached agreement with a group of creditors led by Paul Singer’s Elliott Management.
The deal, which needs approval by Argentine lawmakers, is to pay $4.653bn to settle all claims with four “holdouts” that refused to restructure debt after the country’s 2001 default.
During the 15-year legal battle creditors have attempted to embargo everything from navy frigates to satellite launches to claw back the money a New York court said they were owed from defaulted bonds.
您已阅读20%(564字),剩余80%(2221字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。