Argentina will appeal order to pay bondholders $1.33B

11/26/2012 | Reuters

Argentine Economy Minister Hernan Lorenzino said his country will appeal an order by U.S. District Judge Thomas Griesa to pay $1.33 billion to bondholders who refused to go along with exchanges of Argentina's defaulted debt in 2005 and 2010. Lorenzino said a challenge will be presented to the U.S. Second Circuit Court of Appeals.

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