Argentina proves market access to lift reserves

Oliver West

April 22, 2015 07:00 am

Argentina, Axel Kicillof — Argentina's economy minister, Axel Kicillof, speaks to the media after leaving negotiations aimed at avoiding his country's second default in 13 years, Tuesday, July 29, 2014, in New York. U.S. District Judge Thomas P. Griesa last week ordered round-the-clock negotiations to avert a Wednesday default deadline. But talks have been sporadic and have failed to bring representatives of Argentina to the table with lawyers for U.S. hedge funds. (AP Photo/John Minchillo) | John Minchillo/AP/Press Association Images

Defaulting sovereign Argentina overcame legal risks and opposition from holdout creditors to increase the size of a local law dollar bond sale on Tuesday.

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Oliver West

US Bureau Chief - Latin America Editor