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Montevideo, February 3rd 2023 - 19:53 UTC

Tag: defaulted debts

  • Tuesday, January 15th 2019 - 09:12 UTC

    Argentina sued again by hedge fund on bonds tied to GDP growth

    After its meltdown Argentina offered to exchange the defaulted debt for new bonds, at a sharp decrease in value, in 2005 and 2010. (Referencial)

    Aurelius Capital Management LP, one of the lead hedge funds that settled a massive litigation over defaulted bonds with Argentina in 2016, is suing the country again, this time over US$ 84 million in payments it says the nation owes. The case is Aurelius Capital Master Ltd. v. the Republic of Argentina, 19-cv-351, U.S. District Court, Southern District of New York (Manhattan).