Argentina Loses Appeal on Bondholder Payment Formula

Argentina’s proposed formula for paying holders of its defaulted debt was rejected by a U.S. appeals court, ruling in the country’s decade-long attempt to avoid paying creditors after a 2001 financial crisis.

To contact the reporter on this story: Bob Van Voris in New York at rvanvoris@bloomberg.net

To contact the editor responsible for this story: Mary Romano at mromano6@bloomberg.net

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