rioja

 Bondholders of Argentina’s La Rioja province received most of a $10.4 million interest payment for notes due in 2028, a spokesperson for a committee of the province’s creditors says.

• Committee adds that trustee, BNY Mellon, withheld $500,000 from province’s interest payment, adding that La Rioja’s obligation to make coupon payment has “not been fully discharged”
• BNY spokesperson says that the bank communicated with bondholders but declined to comment further
• La Rioja’s press office did not immediately respond to a request for comment
• The cure period for the payment of interest is 30 days, according to Fitch Ratings
• On ...