Citigroup Appeals To Make Argentina Bond Payments Denied

0
Citigroup Appeals To Make Argentina Bond Payments Denied

Federal District Judge Thomas P. Griesa has made it very clear that he will not change his mind as he rejected an appeal by Citigroup to roll back an injunction forbidding the bank from making interest payments on $2.3 billion of Argentine bonds. The latest decision in the long-running legal battle is a major setback for Citigroup, its bondholder clients and Argentina.

Table of Contents show