Argentina's Euro Debt Holders Tell Bond Trustee to Step Down

Updated on
  • Knighthead Capital group says BNY Mellon must quit as trustee
  • Argentina's economy ministry releases group's letter to bank

Are Investor, Citizen Interests Aligned in Argentina?

Holders of Argentina’s euro-denominated debt, led by hedge fund Knighthead Capital Management, asked Bank of New York Mellon Corp. to resign from its role as bond trustee because of its failure to pass along blocked interest payments.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.