Apr

Argentina’s Senate Allows Payment to Bondholders

A demonstrator in Buenos Aires holds a newspaper with the headline: “The Secret Agreements.”CreditNatacha Pisarenko/Associated Press

Argentina’s Senate has approved measures that will allow the government to pay billions of dollars to American hedge funds, a critical step toward settling a legal battle that is more than a decade old.

The vote, 54-16 in favor, took place just past midnight on Thursday after more than a dozen hours of emotional speeches…

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Argentina’s Senate Allows Payment to Bondholders

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