Tag: Argentina holdout investors

• Thursday, January 21st 2016 - 07:24 UTC

  Holdouts request postponement of Argentina's proposal to solve dispute

  

  Representatives from holdout investment funds have requested the Argentine government to postpone until the first week of February, next week's scheduled proposal to overcome the country's debt situation which remains technically in default.

• Monday, January 11th 2016 - 12:51 UTC

  Argentina's financial agenda: talks with holdout funds and farmers' dollars

  

  A challenging financial week takes off for Argentina's new administration of president Mauricio Macri: on the one hand Argentine farmers have to keep their part of the deal by providing the central bank with 400 million dollars a week, and on the other the long-awaited debt talks are expected to resume in New York next Wednesday with United States hedge funds suing Argentina over defaulted sovereign bonds.

• Thursday, October 29th 2015 - 06:31 UTC

  Argentina: Holdouts dispute, a Cristina Fernandez legacy for the next government

  

  US District Judge Thomas Griesa of New York on Wednesday urged Argentina to resume talks to settle bondholder litigation flowing from its $100 billion default in 2002. The judge made the remarks as creditors suing over defaulted bonds urged him to expand to nearly $8 billion the amount Argentina must pay them to service its restructured debts.

• Tuesday, September 29th 2015 - 05:17 UTC

  Cristina Fernandez points her guns to the US and 'vulture funds', but no word on the Falklands

  

  Addressing the UN General Assembly, President Cristina Fernandez accused the United States of 'protecting' a former Argentine intelligence agent, blasted the speculative or 'vulture funds', gave details of the Iran-US-Argentina dealings and to everybody's surprise did not mention a word about the Falkland Islands sovereignty claim.

• Saturday, June 6th 2015 - 08:00 UTC

  Argentine debt climbed 5.4bn of Friday following Griesa's ruling favoring 'me too' bond holders

  

  Argentina must pay US$5.4 billion to more than 500 “me-too” holders of defaulted debt before it can pay the majority of its creditors, a US judge ruled on Friday. Argentina anticipated it would appeal the ruling.