Argentina Offers Bondholders Lowest Price Ever As Bankruptcy Looms
Argentina: poorer and poorer. (Photo by Debajyoti Chakraborty/NurPhoto via Getty Images) NurPhoto via Getty Images Surprise! Argentina is broke. Well, close to it. They’ve offered foreign bond holders a historic low recovery value of 30. Late last year, emerging market bond cowboys still buying Argentina’s Century Bonds in the secondary…
bubmagApril 20, 2020