Neuberger Berman positive after Argentina’s cash deal with creditors

Argentinian president Mauricio Macri has stricken a $4.65bn (€4.27bn) cash agreement with a number of US creditors, ending a 15-year dispute regarding Argentina’s default on its $82bn (€75.4bn) foreign debt in 2001. Rob Drijkoningen, co-head of emerging market debt at Neuberger Berman, believes the end of the dispute will be positive for investors – via Investment Europe.

 

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