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Argentina Warns of Debt Woes If $1 5 Billion Award Not Reversed

Argentina Warns of Debt Woes If $1 5 Billion Award Not Reversed
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Argentina Warns of Debt Woes If $1 5 Billion Award Not Reversed

Argentina Warns of Debt Woes If $1 5 Billion Award Not Reversed
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Argentina Loses Order in $1 5 Billion UK Appeal on GDP Bonds

(Bloomberg) Argentina must pay a large deposit in a case brought by hedge funds seeking $1.5 billion in compensation for losses in the nation’s growth-linked securities, London’s Court of Appeal ruled.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Open, CloseShe Was Set to Break Goldman’s Glass Ceiling. Now Beth Hammack Is LeavingYour 401(k) Will

Buenos Aires Times | Argentina loses US$1 5-billion UK case over GDP-linked bonds

Argentina must compensate investors for losses in the country’s growth-linked securities after the nation changed the method of calculating gross domestic product, a London court ruled.

Investors Push For More Docs In Argentina Bond Payout Fight

ADVERTISEMENT Investors Push For More Docs In Argentina Bond Payout Fight Law360, London (May 28, 2021, 3:36 PM BST) Four funds suing Argentina for refusing to pay out on a bond told a London court on Friday that the South American country has not been trying hard enough to obtain documents vital to the dispute, putting preparations for trial at risk. Palladian Partners LP, HBK Master Fund LP, Hirsch Group LLC and Virtual Emerald International Ltd. said the Republic of Argentina should be more forthcoming in its efforts to meet court-ordered disclosure deadlines in the €525 million ($640 million) lawsuit. The High Court action alleges that the South American country improperly changed a baseline used to assess when payments on.

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