Argentina Files $15bn Shelf

Argentina Files $15bn Shelf


Argentina has taken its first concrete step to address holdout creditors and eventually return to the international markets by filing a $15bn debt shelf with the SEC. The move has been expected from the sovereign, which has said it plans to unveil a proposal to holdouts from its 2005 restructuring as soon as January. Those investors hold some $20bn in defaulted debt. The documents don’t offer details of a first issue. The proceeds are to be used “for the general purposes of the government of Arg

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