By Henderson Global Investors

Reflecting on Argentina’s “Default”

Date:

Reflecting on Argentina’s “Default”

Author: Alicia Miguel

  1. Argentina remains in defiant mood regarding its “technical default”
  2. “In terms of ability to pay, from Argentina’s perspective it wants to avoid paying a lot more than it has to. In terms of willingness to pay, there is no love lost between the Argentinian government and the holdouts"
  3. “This is largely a US-judicial driven situation and, frankly, has had little or limited impact on Argentinian assets in the long term"