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Entries with Keyword holdouts

Putting an end to its ninth sovereign debt default, Argentina successfully restructured almost all of its USD 65 billion debt with private foreign creditors, as the Economy Ministry revealed that 93 percent of them accepted the government’s offer. That figure …

Argentina finally secured an agreement with some of the world’s biggest asset managers to restructure the New York-based tranche of its defaulted debt, totaling USD 65 billion, with Economy Minister Martín Guzmán and Blackrock, Ashmore, Fidelity and other giants simultaneously …

The Argentine government paid a total of US $9.3 billion today to finally exit the default by paying off the holdouts (that have been litigating against the country for 15 years over defaulted bonds) and other bondholders of restructured bonds …

Today is the day. The Argentine government will be paying a total of US $9.3 billion today to finally exit the default by paying off the holdouts (that have been litigating against the country for 15 years over defaulted bonds) …

Hang on to your hats, clutch your pearls, hide your kids: Argentina’s very own President Mauricio Macri was named one of Times’ 100 Most Influential People by — wait for it — Paul Singer.

Confused? Singer is the founder and …

Following Argentina’s formal request to pay off bondholders that have not been paid since 2014 in addition to the the holdout creditors on Friday of this week, New York Judge Thomas Griesa lifted an embargo on US $539 million that …

After landing the biggest bond sale ever made by an emerging market (bearing in mind that Argentina is still in default) for US $16.5 billion, Finance Minister Alfonso Prat-Gay said at a press conference in the Finance Ministry that the …

Various media outlets have confirmed that US $16.5 billion was sold in bonds by the government today, surpassing the original US $10- US $15 billion plan, while demand for the bonds have reached almost US $70 billion. It’s the biggest …

Unless the sky falls down this week — I mean literally, I’m not talking about the rain — Argentina will finally pay off the vulture funds this Friday. However, even though most people agree that this 15-year dispute had …

In its bid to end the conflict with the holdouts that have been litigating against the country for 15 years over defaulted bonds, Argentina is set to issue a record US $15 billion in bonds in the international market starting …