Argentina, lead creditors settle 14-year debt battle for $4.65 billion

Argentina has agreed to a $4.65 billion cash payment to its main holdout creditors and will present the deal to Congress this week for a vote which would end 14 years of bitter legal battles and pave the way for its return to global credit markets. Finance Minister Alfonso Prat-Gay said he hoped to issue … Continue reading Argentina, lead creditors settle 14-year debt battle for $4.65 billion