Argentina Reaches Partial Deal on Debt, But Holdouts RemainBy and
Montreux Partners, Dart Management accept settlement offer
Past offer had imposed losses of 70 percent on defaulted bonds
Argentina reached preliminary accords with two of the six biggest creditors that successfully sued the country over its $95 billion default in 2001 yet the leader of the so-called holdout funds, billionaire Paul Singer’s Elliott Management, wasn’t among them.
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