fix articles 368015, new debt framework Los Angeles Indymedia : tag : new debt framework

new debt framework

Banks and Investors Challenge Predatory Funds Solutions Fall Short of Comprehensive Prot (tags)

The International Capital Market Association (ICMA), a group of banks and investors, released a new debt framework this morning aimed at reducing the ability of predatory funds and holdout investors to undermine debt restructuring. The plan was created after meetings convened by the US Treasury Department in the wake of Greece's debt restructuring and comes in the aftermath of the landmark debt case between Argentina and NML Capital.

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