Ad Hoc Argentine Bond Group On Debt Deal

(White & Case, 4.Aug.2020) — “We are pleased to have reached an agreement in principle with Argentina for a proposal that will provide the country with the necessary economic relief and sustainable path it needs in the wake of COVID-19, as well as renewed access to the international capital markets for Argentine issuers to help encourage future, long-term investment in the country,” White & Case LLP said. “The agreement is a good outcome for all participants and delivers an offer that all creditors should support.”

The Ad Hoc Argentine Bondholder Group is advised by White & Case LLP.