UPDATE 2-U.S. urges Argentina to find solution with holdout investors

Comments (3)
GermanHoldout wrote:

An agreement with the Holdouts would be a win-win situation for everybody!

For Argentina, for the Holdouts and also for the exchange bondholders, whose bonds rates would also be considerably increased.

Already now, with the expectations for an agreement, as we see, borrowing costs are lowering considerable.

An completed final agreement with the Holdouts would improve Argentina’s ratings, initiate a firework of investments and enable also cheaper credits for argentine companies.

Also seizure risks and a technical Default would be immediately averted. Argentina could immediately return to the capital market and thus Argentina could refinance the payments to the holdouts, without using reserves.

Jul 03, 2014 10:15pm EDT  --  Report as abuse
emassot wrote:

“Jay Newman…said…it was time Argentina sat down with creditors and negotiated the resolution of its debt.”
Mr. Newman’s statement is highly hypocritical and is done for public relation purposes.
Argentina has been negotiating from day 1. How else it would have reached agreements with 92 of its creditors? It was the vulture funds who never came to the table because their strategy was to get 100 per cent of the value of bonds they had purchased for pennies on the dollar. Using that strategy, they successfully sued countries such as Peru and Congo-Brazzaville, sucking millions from those impoverished countries. If the courts stopped working as collection agencies for these predatory financiers, then they would have no other option and negotiate as the 92 per cent did.

Jul 04, 2014 3:35am EDT  --  Report as abuse
GermanHoldout wrote:


You believe yourself not what you write there ….

Jul 04, 2014 12:05pm EDT  --  Report as abuse
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