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Emerging MarketsEM LatAm

Lawyers comb CAC updates as Argentina wins support for restructuring plan

Argentina, court, law, documents, contract, judge, restructuring, LatAm, 575

Argentina finally filed its official updated debt restructuring proposal this week and, as expected, drew the support of bondholders. But the bigger news may be in the small print, as sovereign debt experts immediately began to examine the changes implemented to the bonds' collective action clauses (CACs).

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