Photographer: Valerie Macon/AFP via Getty Images Photographer: Valerie Macon/AFP via Getty Images Guitar Center Inc., the largest musical instrument retailer in the U.S., is considering options including bankruptcy to manage its debt load after it skipped bond interest payments this month. The chain is in active talks with its creditors […]
Creditors
Argentina creditors seek global support for bond clause changes
By Rodrigo Campos and Tom Arnold NEW YORK/LONDON (Reuters) – A group of Argentina’s creditors has contacted the Institute of International Finance and other global bodies for support to amend legal clauses in its sovereign bond restructuring, a spokesman for the organisation said. Buenos Aires is trying to clinch a […]
Argentina Creditors Seek Foreign Backing on Debt Clauses
(Bloomberg) — Argentina’s creditors have approached several international organizations to seek endorsement for a proposal to change the rules that govern some of the country’s overseas securities, according to people familiar with the matter. The International Monetary Fund, the U.S. Treasury, the International Capital Market Association and the Institute of […]
Argentina Creditors Seek International Backing on Debt Clauses
(Bloomberg) — Argentina’s creditors have approached several international organizations to seek endorsement for a proposal to change the rules that govern some of the country’s overseas securities, according to people familiar with the matter. The International Monetary Fund, the U.S. Treasury, the International Capital Market Association and the Institute of […]