Argentine bonds and stocks firm on possible deal to cure default

Comments (1)
GermanHoldout wrote:

A buyback offer of 80% WOULD NOT BE ACCEPTABLE for the Holdouts! It would be worth of about the Exchange offers from 2005 and 2010 until today, that has been already rejected by the holdouts.

A BUYBACK OFFER OF ABOUT 150-170% could be acceptable for the Holdouts.

Argentina owes to today about 230% to the Holdouts (capital + accrued interest since 2002)

A cash buyback of about 150-170% would give Argentina a debt relief of about 60-80%.

Aug 07, 2014 5:03pm EDT  --  Report as abuse
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