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BUENOS AIRES, Jan 6 (Reuters) - Argentine province Entre Rios said it “regrets” that creditors have sued in the U.S. federal courts over its failure to pay a coupon that was due on Aug. 8, 2020, the provincial government said in a statement seen by Reuters on Wednesday.
The province is restructuring about $500 million in bonds after Argentina’s national government revamped more than $100 billion in sovereign obligations last year, with a high rate of investor acceptance of the deal.
Entre Rios said in the statement it “regrets that investors have designated a New York law firm as their interlocutor instead of a financial advisor as is market practice.”