Tuesday, April 12, 2016
Argentina reaches another deal with holdout creditors
A new settlement with holdout creditors was reached, Special Master Daniel A. Pollack, informed this afternoon.
According to a statement released today, the government reached a deal with Yellow Crane Holdings, LLC, for a total of approximately $255 million.
“The agreement in principle involves settlement of bonds under a range of laws, including those of New York, England, Germany, Italy and Switzerland,” the statement added.