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Elliott Said to Subpoena HSBC on Involvement in Argentina Loans | Tony Seruga
Dec
29

Elliott Said to Subpoena HSBC on Involvement in Argentina Loans

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  • Holdout groups seek to block nation’s offshore fund-raising
  • Creditor group may also serve other banks with subpoenas

Holdout creditors are demanding information from HSBC Holdings Plc about Argentina’s effort to raise cash, as the government seeks to end a 14-year standoff that has kept the nation out of international credit markets.

The creditors last week served HSBC with a subpoena for documents on the bank’s involvement in the country’s attempt to raise money abroad, according to a person familiar with the matter…

Elliott Said to Subpoena HSBC on Involvement in Argentina Loans

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