Has Argentina changed the rules of the sovereign debt game?
Published on: Friday 25 February 2005
Argentina is on the verge of completing one of the largest sovereign debt restructurings in history. Argentina is seeking to restructure about $82 billion in bonds, plus $21 billion or so in past due interest. The biggest preceding bond restructurings were Ecuador ($6.5 billion) and Uruguay ($4 billion of international bonds) — so Argentina’s restructuring […]
