Mittwoch, 27. März 2024

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 ...

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