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US court blocks Argentina debt payout

Argentina has deposited the next payment needed to avoid a default on its restructured bonds, but a US federal court has decided not to let the payment go through. Both actions increased the stakes in a 12-year legal dispute between Argentina and creditors who refused to accept the downgraded terms offered by the country’s…

US court blocks Argentina debt payout

Argentina has deposited the next payment needed to avoid a default on its restructured bonds, but a US federal court has decided not to let the payment go through. Both actions increased the stakes in a 12-year legal dispute between Argentina and creditors who refused to accept the downgraded terms offered by the country’s…