Aurelius seeks better Ukraine debt terms
The hedge fund has accumulated Ukraine sovereign bonds and formed a group seeking improvements to a recent debt workout, a source said. |||
London – A hedge fund that has for years used courts to secure better debt repayment terms from Argentina has accumulated Ukraine sovereign bonds and formed a group seeking improvements to a recent debt workout, a source with knowledge of the matter said. Reviled by Argentina and debt forgiveness groups as “vultures”, Aurelius Capital Management and another hedge fund, Elliott, have long pressed Buenos Aires for full repayment on its sovereign debt, including …read more
Source: Independent Online
