'Aggressive' Ecuador pushes ahead despite bondholder divisions
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Emerging MarketsEM LatAm

'Aggressive' Ecuador pushes ahead despite bondholder divisions

Ecuador, tortoise, fight, restructuring, battle, 575, LatAm

Monday’s official launch of Ecuador’s debt restructuring offer split the bond markets, with large creditors claiming that the sovereign had set an example to be followed while others dismissed its approach as “aggressive” and that it set a “harmful precedent”.

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