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

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

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

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.

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OPEN ENDED QUESTION

3 mins • 1 pt

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