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Aug 15, 2014

Holders of Argentina eurobonds plan to appeal U.S. court ruling

NEW YORK, Aug 15 (Reuters) – Holders of euro-denominated
Argentine bonds plan to appeal a U.S. judge’s ruling blocking
the country from making payments on their debt, according to a
court filing on Friday.

In a notice filed in Manhattan federal court, lawyers for
the bondholders challenged an Aug. 6 ruling from U.S. District
Judge Thomas Griesa that Argentina cannot pay the bondholders
until it also pays holdout investors who refused to restructure
their debt in the wake of Argentina’s 2001-2002 default.

Aug 15, 2014
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    • About Daniel

      "I'm a New York-based global investment correspondent with over 20 years of experience covering financial markets, business and foreign policy. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught business and economic journalism from Asia, Europe, Latin America and the United States. Prior to joining Reuters I was a producer at CNN Business News in New York."
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