Nicaragua Scalps Investors in Workout
Dec 7, 2007
Nicaragua has negotiated a deal with almost all of its creditors for a whopping 95.5% haircut on $1.4bn in debt. From the overall amount of eligible claims of $1.4bn, more than $1.3bn was tendered and accepted for redemption by Nicaragua at 4.5% of the current value...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.