CLEAN : Argentina reaches deal on debt with vulture funds: mediator

The transcript discusses an agreement in principle involving Argentina, which includes a financial 'haircut' where claims are settled at 75%. The process to reach this agreement was time-consuming, involving negotiations since December. Argentina plans a global capital raise, and the agreement will terminate if payment is not made by April 14, 2016, unless otherwise agreed.

What is the significance of the agreement in principle mentioned in the text?

How does the text characterize the payment of claims?

What steps were taken to reach peace between the warring parties?

What conditions are set for the termination of the agreement in principle?

What is the deadline for payment as stated in the text?