Judges Intrigued by Argie Swap Plan

Judges Intrigued by Argie Swap Plan

Argentina Bonds

A US court has ordered Argentina to detail how it might issue new bonds through a reopened swap instead of complying with a previous order to pay holdout bondholders $1.3bn, according to court documents. The request lends more weight to the possibility of a reopening to holdouts on the same terms as 2005 and 2010, which was first floated as a compromise option last year. The judges asked for detail on how, when and at what interest rate Argentina would pay installments on these new bonds. The mo

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