Macroeconomy/Finance

Bondholders warn Argentina not to make debt ‘uninvestable’

Some of Argentina’s biggest bondholders are building up a unified front with more than two dozen other bondholders to negotiate with the incoming government led by Alberto Fernandez over roughly $50 bn they are owed in sovereign debt. “No one wants to be in court another decade. The more losses Alberto Fernández tries to impose upon creditors, the more likely we are to end up in that situation again”, warned one of their representatives.

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Source: FT

Categories: Macroeconomy/Finance