Tag: interest payments

• Tuesday, April 21st 2020 - 08:52 UTC

  Ecuador receives temporary reprieve to defer interest payments

  

  Ecuador received a temporary reprieve over the weekend when the government announced that a sufficient number of investors had agreed to a consent solicitation to defer interest payments.

• Friday, April 17th 2020 - 09:59 UTC

  Argentina sets out its debt restructuring proposal to private creditors with a sizeable cut (62%) of interest payments

  

  Argentina sketched out its debt restructuring proposal to international creditors on Thursday, involving a three-year grace period, large coupon cuts and a smaller reduction in capital, as it looks to win over bondholders to a deal.

• Friday, July 1st 2011 - 07:04 UTC

  Setback for Argentina in New York court defaulted sovereign bonds case

  

  Argentina suffered a setback over its US$100 billion debt default in 2002 when New York's highest court said the country should keep paying interest on some bonds even after they mature or investors demand their principal back early.