economy-closer
Argentina, creditors agree $155 million more in default settlement: mediator
March 18, 2016 by creative · Leave a Comment
Argentina settled with an additional 115 individual creditors holding defaulted sovereign bonds for $155 million, Daniel Pollack, the court-appointed mediator in the long-running case, said in a statement on Friday. Pollack's announcement brings the total amount of settlements agreed in principle with U.S. creditors above $6.5 billion and moves Latin America's No. 3 economy closer to ending a festering 14-year legal battled …
More:
Argentina, creditors agree $155 million more in default settlement: mediator