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La Rioja Creditors Win $40 Million in NY Court Over Junk Bonds

A US judge ordered Argentina’s La Rioja province to pay creditors nearly $40 million in damages for failing to make a series of interest and principal payments on its debt.

The ruling, filed in a New York federal court on Wednesday, is linked to the province’s international dollar notes on which it defaulted in February and August.

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Publish date : 2024-09-12 07:14:00

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