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December 14, 2017
Friday, October 26, 2012

Price of Argentine global bonds plunge after US court decision

The price of Argentine global bonds maturing in 2017 fell more than 13 percent after a US appeals court said Argentina improperly discriminated against bondholders who refused to take part in massive debt restructurings in 2005 and 2010 by deciding to pay them later than bondholders who agreed to participate.

Bonds were declining to $87.50 in the Buenos Aires' over-the-counter market.
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Tags:  US  Griesa  Court  Argentina  bonds  bondhoders  





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Edition No. 5055 - This publication is a property of NEFIR S.A. -RNPI Nº 5343955 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA - Director Perdiodístico: Ricardo Daloia