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Argentina flags perils before bond sale next week

Argentina highlighted the risks, including tensions revolving default and lenders, ahead of its bond offering next week, which could hit around $15 billion.

Marketing papers from the Latin American country outlined the different threats of investing in the debt such as continuous litigation, potential split with Brazil, and collective action provisions.

Argentina has been excluded from global capital markets since it defaulted on over $95 billion of bonds in 2001. It resulted in cases from numerous institutions seeking repayment.

The bonds will be supported by the full faith and credit of the country.

The material has been provided by InstaForex Company – www.instaforex.com

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Argentina flags perils before bond sale next week Reviewed by on . Argentina highlighted the risks, including tensions revolving default and lenders, ahead of its bond offering next week, which could hit around $15 billion.Mark Argentina highlighted the risks, including tensions revolving default and lenders, ahead of its bond offering next week, which could hit around $15 billion.Mark Rating:
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