Results for Argentina
- Argentina Braces For Sovereign Debt Default
Argentines are poised for a default on Wednesday – their third in just over three decades. The trigger would be a missed $539m interest payment after mediated talks between the government and a group of “holdout” creditors made no apparent progress last ...
Daily Headline - global.abi.org - 07/27/2014 - 21:14 - 0 comments
- Argentina, Bondholder Talks With Mediator Rescheduled For Thursday
Settlement talks set for Wednesday between Argentina and bondholders who did not participate in the country's past debt restructuring have been rescheduled for Thursday, the court-appointed mediator said. Daniel Pollack, a New York lawyer appointed ...
Daily Headline - global.abi.org - 07/23/2014 - 21:27 - 0 comments
- U.S. Judge Orders Argentina, Creditors To Meet Until Deal Reached
A U.S. judge ordered Argentina and investors who did not participate in the country's past debt restructurings to meet "continuously" with a court-appointed mediator until a settlement is reached, warning of the threat of a new default, Re ...
Daily Headline - global.abi.org - 07/22/2014 - 21:44 - 0 comments
- Stopping A Repeat Of Argentine Debt War
As Argentina’s multi-billion dollar showdown with its hedge fund creditors nears its finale, global organisations are trying to hammer out a plan that will prevent such a stand-off from being repeated, the Financial Times reported. For the past six m ...
Daily Headline - global.abi.org - 07/16/2014 - 22:05 - 0 comments
- Argentina Refusing Talks With Elliott as Default Looms
Less than three weeks before Argentina risks a default, government officials still haven’t met with hedge funds who won a court ruling forbidding the country to make bond interest payments before they get $1.5 billion, Bloomberg News reported. “We have n ...
Daily Headline - global.abi.org - 07/14/2014 - 19:54 - 0 comments
- Some Lessons for Distressed Debt Participants from the Argentina-NML Dispute
The continuing saga between the Republic of Argentina and a hold out group of investors led by NML Capital, an affiliate of Elliott Management in New York, in relation to sovereign bonds issued by Argentina is a fascinating display of what can happen whe ...
Resource Article - abi_admin - 07/10/2014 - 15:42 - 0 comments - 1 attachment
- Creditors Offer Argentina Breathing Room In Debt Restructuring Dispute
Holdout investors who rejected Argentina’s debt restructurings in the wake of its $95bn default have said they are prepared to give Buenos Aires extra time to settle, but only if the country negotiates in good faith, the Financial Times reported. Arg ...
Daily Headline - global.abi.org - 07/07/2014 - 23:07 - 0 comments
- Argentina Will Not Make Holdouts Offer On Monday
Argentina will not make a formal offer to settle its dispute with holdout investors in its sovereign debt at its meeting on Monday with a court-appointed mediator, an Argentine daily wrote on Saturday, citing Economy Ministry sources. After a string of a ...
Daily Headline - global.abi.org - 07/06/2014 - 21:58 - 0 comments
- Jones Day EuroResource - Deals and Debt | 30 June 2014
Global—On 16 June 2014, despite the Republic of Argentina's warning that it may once again be forced to default on its sovereign debt, the US Supreme Court denied Argentina's petition seeking review of lower court rulings that: (i) construed pa ...
Resource Article - twallace@abiwor... - 07/02/2014 - 10:18 - 0 comments - 1 attachment
- Argentina Seen Backtracking on Fernandez Vows as Legacy at Risk
Argentina’s President Cristina Fernandez de Kirchner has less than a month to choose between two unpalatable options: fulfilling a vow never to pay off creditor hedge funds, or negotiating with them to avoid a rerun of the 2001 debt crisis that forced a ...
Daily Headline - global.abi.org - 07/01/2014 - 23:41 - 0 comments