December 13, 2017
Wednesday, March 9, 2016

Argentina reaches $190 million deal with more holdout creditors

“I am very pleased to report that the Republic of Argentina continues to reach Agreements in Principle with Bondholders, both large and small, holding defaulted Argentine bonds," a statement released by court-appointed mediator Daniel Pollack in Argentina's debt dispute said today.

He explained "as of today the Republic has reached additional settlements in excess of $190 million with the following institutions and individuals: BN Paribas, $52.4 million, GMO (Boston) $119 million, Carlo Regazzoni $1.7 million, Elazar Romano $11.3 million, Grazia Valenti $172,000, La Societa Ymus SRL $375,000 and Tomaso Zappoli Thyrion $5.2 million."

Pollack reiterated these settlements are subject to the lifting of the Lock Law and the Sovereign Payment Law by the Congress.
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Tags:  Argentina  creditors  holdouts  vulture funds  debt  restructuring  US  Griesa  Pollack  

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