- In an emergency hearing held yesterday due to Argentina's newly proposed debt swap, Judge Thomas Griesa declared that the attempt to dodge his rulings was "lawless", but stopped short of finding the country in contempt of court.
- Meanwhile, a group of Argentina's exchange bondholders is working with Deutsche Bank to eliminate the "RUFO clause" preventing the sovereign from offering holdout creditors better terms than those of its 2005 and 2010 restructurings.
- ETFs: ARGT
Judge Griesa declares Argentina's proposed debt swap "lawless"
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Symbol | Last Price | % Chg |
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ARGT | - | - |
Global X MSCI Argentina ETF |