City of Córdoba launches restructuring with Moneda support

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City of Córdoba launches restructuring with Moneda support

Oliver West
October 29, 2020 04:15 am
Argentina, Córdoba, Cordoba, province, cathedral, Latam, restructuring, 575
CORDOBA, ARGENTINA - APRIL 2, 2015: View of Cathedral of Cordoba (Our Lady of the Assumption). | Matyas Rehak - stock.adobe.com

Just one day before a likely hard default on its $150m of 7.875% 2024s, Argentina's City of Córdoba on Wednesday asked bondholders to modify the payment terms according to a plan that already has the backing of Chilean asset management firm Moneda.

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Oliver West
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