Argentina default insurance holders gear up for payout
Holders of some $2.2 billion
worth of default insurance on Argentina’s sovereign debt are
getting closer to receiving a payout after a committee ruled
that a “failure to pay” credit event had occurred when it missed
an interest payment in May.
worth of default insurance on Argentina’s sovereign debt are
getting closer to receiving a payout after a committee ruled
that a “failure to pay” credit event had occurred when it missed
an interest payment in May.
Posted by Reuters
