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Statement of the Ad Hoc Bondholder Group of the Province of Cordoba in Support of Amended Consent Solicitation
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NEW YORK, Jan. 12, 2021 /PRNewswire/ Following the conclusion of sustained and constructive negotiations with representatives of the Province of Cordoba (the Province ), the Ad Hoc Bondholder Group of the Province of Cordoba (the Group ) confirms its support for the terms of the amended consent solicitation relating to the Province s outstanding international bonds published today.
The restructuring terms adequately respect the contractual terms of the Province s bonds while providing the Province with near-term cash flow relief to help the authorities address the challenges created by COVID 19. The Province has historically been a reliable issuer in the international capital markets and its responsible approach towards debt management has been rewarded with favorable borrowing costs and market access. The Grou