Argentina almost open for business

Author: Edward Price | Published: 3 Mar 2016

Argentina has made further progress with its holdouts, signalling the country’s impending return to international capital markets. But significant domestic hurdles still remain.

Argentina has offered to pay 75% of the total claims of the final holdouts, totalling close to $4.7 billion. The payment will be made, in cash, by mid-April. In principle, Argentina's holdouts have accepted those terms.

The development brings the country...