Tag: Argentine bondholders

• Thursday, July 18th 2013 - 08:35 UTC

  IMF sides with Argentina in dispute with hedge funds holding defaulted bonds

  

  In an unprecedented move, the International Monetary Fund plans to ask the US Supreme Court to review Argentina's case in a decade-old legal battle with holdout creditors, because of the implications it could have on sovereign debt restructurings.

• Sunday, July 14th 2013 - 23:53 UTC

  Argentina litigation with hedge funds; ‘US could end siding with Buenos Aires’ says Washington Post

  

  The United States Justice, Treasure and State Department officials met on Friday with lawyers both from Argentina and hedge funds that refused to accept the administrations of presidents Nestor Kirchner and Cristina Fernandez debt swaps, The Washington Post reported on Saturday.

• Friday, July 12th 2013 - 22:05 UTC

  German courts reject petition from hedge fund holders of Argentine debt

  

  German courts have rejected a petition from bondholders related to the Argentine debt 'default', using a similar interpretation based in the 'pari passu' clause that hedge funds pursued in New York which was accepted by Judge Thomas Griesa.

• Thursday, March 28th 2013 - 09:56 UTC

  Argentina prepared to offer suing ‘vulture funds’ a 25-year bond, says Ambito

  

  Argentina plans to offer suing “holdout” creditors a 25-year bond equal to the face value of their debt when the country defaulted in 2002, local financial daily Ambito Financiero reported on Wednesday.