July 26, 2021
A group of bondholders has come out in opposition to an agreement between Buenos Aires province and GoldenTree Asset Management, saying the province went down an "unfortunate path" by engaging in discussions with only selected creditors.
"This pattern of behavior does not constitute a 'good-faith' approach under any broadly understood meaning of the word," the ad hoc group said in a statement from its legal representative, US law firm White & Case.
The group also said Buenos Aires province h
Bondholders' group says the province went down an "unfortunate path" by negotiating with only selected creditors