Argentina cleared to pay Repsol debt as deadline hits

Argentina cleared to pay Repsol debt as deadline hits

Bonds

A New York court decision on Tuesday cleared the way for Argentina to service one of its bonds, part of which the sovereign used in its settlement with Repsol. The ruling came the day before the payment deadline on the sovereign’s restructured debt, which Argentina has been blocked from servicing without first reaching an agreement with holdout creditors. Argentine officials were in discussions with a mediator on Tuesday afternoon over the dispute with the holdouts. Argentina agreed earlier this

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