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US District Judge Thomas Griesa earlier lifted a stay, requiring Argentina to pay hedge funds that refused to join a restructuring of the country's debt
BUENOS AIRES, Argentina – Argentina will not make a bond service payment due June 30 in New York as ordered by a US judge, the economy ministry said Wednesday, June 18.
US District Judge Thomas Griesa earlier lifted a stay, requiring Argentina to pay hedge funds that refused to join a restructuring of the country’s debt and want to be paid the full $1.3 billion face value of the bonds they hold. – Rappler.com
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