Results for Argentina
- Argentina’s Congress Passes ‘Anti-Layoffs’ Bill
Argentina’s opposition-dominated Congress on Thursday approved legislation that would double the cost of laying off private and public employees over the next six months, handing President Mauricio Macri his first legislative setback since taking office, ...
Daily Headline - global.abi.org - 05/20/2016 - 09:39 - 0 comments
- Argentina Could Issue $30 Billion Debt This Year
Argentina could issue $30bn in debt this year, as other issuers seek to mimic the government's success in returning to international capital markets with a blockbuster bond sale last month. First out of the gates will be Argentina’s provincial gover ...
Daily Headline - global.abi.org - 05/01/2016 - 21:02 - 0 comments
- Macri Enlists Business As Austerity Bites
After summoning 100 representatives of Argentina’s business elite to the presidential residence this week, Mauricio Macri praised the few that had recently announced investments. The rest, he implied, were not doing their bit for the country, the Finan ...
Daily Headline - global.abi.org - 04/24/2016 - 17:21 - 0 comments
- Insolvency & Restructuring News No. 1
A ´new´ consolidated and integrated Argentine Civil and Commercial Code has been enacted on October 7, 2014 and came into effect on August 1, 2015 (the “New CCC”), which replaced both the Civil Code (originally enacted on September 29, 1869) (the “Civil ...
Resource Article - twallace@abiwor... - 04/19/2016 - 13:47 - 0 comments - 0 attachments
- Argentina Returns To International Bond Market
Argentina returned to the international bond markets for the first time in 15 years on Monday as it winds down a long-running battle with investors following its 2001 default, the Irish Times reported. Argentina announced a $10 billion-$15 billion bo ...
Daily Headline - global.abi.org - 04/18/2016 - 20:51 - 0 comments
- US Appeals Court Clears Way For Argentina Bond Sale
A US appeals court has cleared the way for Argentina to raise as much as $15bn to pay holdout creditors, enabling the Latin American sovereign to re-enter international capital markets after more than a decade on the sidelines, the Financial Times re ...
Daily Headline - global.abi.org - 04/13/2016 - 21:23 - 0 comments
- Argentine Prosecutor Seeks to Include Cristina Kirchner in Money-Laundering Probe
An Argentine prosecutor has requested that former President Cristina Kirchner be investigated as suspect in a wide-ranging money-laundering probe allegedly involving a prominent government contractor and associate of Mrs. Kirchner, The Wall Street Jour ...
Daily Headline - global.abi.org - 04/10/2016 - 19:19 - 0 comments
- Argentina Approves Deal To End Debt Dispute, Re-Enter Markets
Argentina’s Senate gave the green light to a landmark deal to repay creditors holding defaulted debt in the early hours of Thursday, marking the end of a 14-year legal battle that had made the country a global financial pariah, the Irish Times report ...
Daily Headline - global.abi.org - 03/31/2016 - 22:54 - 0 comments
- Argentina, Creditors Agree To $155 Million More In Default Settlement: Mediator
Argentina settled with an additional 115 individual creditors holding defaulted sovereign bonds for $155 million, Daniel Pollack, the court-appointed mediator in the long-running case, said on Friday, Reuters reported. Pollack's announcement brings ...
Daily Headline - global.abi.org - 03/20/2016 - 21:17 - 0 comments
- After Historic Singer Deal, Argentina Eyes $15 Billion Bond Sale
Argentina’s deal to put a bitter 15-year creditor saga behind it won’t come cheap, Bloomberg News reported. On Sunday, the country agreed to terms with bondholders led by hedge fund billionaire Paul Singer over unpaid debts from its record $95 billion de ...
Daily Headline - global.abi.org - 03/01/2016 - 21:18 - 0 comments