Real money to the fore as Lat Am pair usher in new era of sov debt workouts

By Oliver West, Ross Lancaster
06 Aug 2020

The unprecedented central role real money investors played in debt talks with Argentina and Ecuador could change the nature of sovereign restructuring, experts said, after the two countries this week reached agreements with creditors over billions of dollars of bonds. Oliver West and Ross Lancaster report.

After nearly eight months of talks, Argentina and its largest creditors said on Monday that they had reached an agreement on the restructuring of $65bn of foreign law bonds. Earlier that day, Ecuador confirmed that investors holding more than 95% of each of its 10 international ...

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