Argentine GDP-Linked Euro Bondholder Seeks to Join Appeal
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A holder of Argentine GDP-linked euro bonds asked a U.S. court of appeals for permission to intervene as a nonparty in a lawsuit by holders of defaulted bonds against the country.
ICE Canyon LLC, a Los Angeles-based firm that holds or manages 417 million euros ($550 million) in bonds linked to Argentina’s gross domestic product, filed a request yesterday with the court in New York to be heard in the country’s appeal of a November order that it pay holders of defaulted bonds if it’s going to pay holders of restructured bonds.