Argentinian Peso in Massive Slide; Argentina’s Bonds Decline on Plan to Offer Local-Law Swap
MishTalk
AUGUST 20, 2014
billion to holders of debt defaulted on in 2001 or reach a settlement before resuming payments on restructured notes. The country’s benchmark restructured bonds due in 2033 fell 2.58 District Judge Thomas Griesa that a swap would be illegal. He has said the nation must pay $1.5 cents to 80.16 cents on the dollar as of 11:47 a.m.
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