Holdouts oppose GoldenTree deal with Buenos Aires province

Holdouts oppose GoldenTree deal with Buenos Aires province

Corporate & Sovereign Strategy Economy & Policy Bonds Debt Fixed Income Capital Markets Asset Management Funds Regulation Argentina United States

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

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial