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Possible cramdown to be imposed on creditors

In the absence of agreements, the Board will seek to impose a plan to renegotiate the central government debt

20 de diciembre de 2018 - 10:00 AM

Archival note
This content was published more than 6 years ago.
The Oversight Board (GFR Media)
The Oversight Board (GFR Media)

The Oversight Board is hastily working for a confirmation of the Sales Tax Financing Corporation (Cofina, Spanish acronym) adjustment plan, and does not rule out imposing a restructuring on central government's creditors, in case negotiations do not advance in the mediation process set by court.

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