CLEAN : Argentina reaches deal on debt with vulture funds mediator

CLEAN : Argentina reaches deal on debt with vulture funds mediator

Assessment

Interactive Video

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10th Grade - University

Hard

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The transcript discusses a dispute in Argentina, focusing on an agreement that involves less than full payment of claims, described as a 'haircut'. The negotiation process was lengthy and involved significant effort from the parties. It is expected that Argentina will conduct a global capital raise, with conditions that the plaintiffs will not interfere. The agreement is contingent on payment by a specified date.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the agreement in principle entail regarding the claims?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How long did the process take from the initial approach to reaching an agreement?

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