CLEAN : Argentina reaches deal on debt with vulture funds: mediator

The transcript discusses an agreement in principle involving Argentina, which includes a financial 'haircut' where claims are settled at 75%. The process to reach this agreement was time-consuming, involving negotiations since December. Argentina plans a global capital raise, and the agreement will terminate if payment is not made by April 14, 2016, unless otherwise agreed.

What percentage of the claims does the agreement in principle cover?

• 50%

• 25%

• 75%

• 100%

How did the speaker describe the time taken to reach an agreement?

• It was a smooth journey.

• It felt like 1000 years.

• It was a quick process.

• It was completed in a day.

What is Argentina planning to do as part of the agreement?

• Conduct a global capital raise

• Increase taxes

• Change currency

• Reduce exports

What happens if the payment is not made by the specified deadline?

• The agreement is automatically extended.

• The agreement is terminated unless otherwise agreed.

• The deadline is postponed.

• The payment amount is reduced.

By what date and time must the payment occur to avoid termination of the agreement?

• April 14, 2016 at 12 noon EST

• April 15, 2016 at 12 noon EST

• April 13, 2016 at 12 noon EST

• April 14, 2016 at 3 PM EST