Progress reported in NY talks with Argentina bond creditors

Posted: Friday, February 5, 2016 3:22 pm
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Updated: 4:11 pm, Fri Feb 5, 2016.

Progress reported in NY talks with Argentina bond creditors


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NEW YORK — A court-appointed mediator in New York says two of six leading bondholders have agreed to settle their longstanding claims against Argentina.

Mediator Daniel Pollack said Friday that Argentina offered bondholders a $6.5 billion deal to settle cases stemming from its 2001 default. Holdout bondholders were seeking about $10 billion.

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      on

      Friday, February 5, 2016 3:22 pm.

      Updated: 4:11 pm.


      | Tags:


      Business,



      International,



      Finservices,



      Politics,



      Justice,



      Banks

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