Bondholders sue La Rioja for missed payments

Bondholders sue La Rioja for missed payments

Corporate & Sovereign Strategy Bonds Debt Fixed Income Green Bonds Wind Wind Electricity Energy ESG Coronavirus Latin America South America Argentina

A group of creditors said Thursday that it is suing La Rioja for failing to make two interest payments on $300 million in outstanding 9.75% 2025 green bonds, making it the latest Argentine province to face a legal case. Members of the Ad Hoc Group of La Rioja Bondholders holding 63% of the notes filed their claim on Thursday in the US District Court for the Southern District of New York, the group's legal advisers Quinn Emanuel and White & Case said in a press release. La Rioja, a small prov

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