Nice Print on Argentine Bonds Becomes Crucial as Default Looms

Fine Print on Bonds Becomes Crucial as Default Looms 1(Bloomberg) — As Argentina careens toward a default, investors are paying a premium for bonds that they believe will give them more negotiating power. They’re delving deep to legal rules regulating the securities, searching for language masking collective action clauses that come into play when borrowers wish to change contract conditions, as in…
News story published on 2019-11-01T22:26:00.0000000Z