Neuquén creditors turn down improved restructuring offer

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Neuquén creditors turn down improved restructuring offer

Province of Neuquen, Argentina, restructuring, volcano, Lanin, 575
Gustavo - stock.adobe.com

A group of Neuquén’s bondholders swiftly rejected an improved debt restructuring offer this week, saying any reduction in interest payments on the Argentine province’s senior secured bonds cannot be justified.

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