Sentences with phrase «default on its debt again»
While a U.S. judge awarded the holdouts $ 1.7 billion in a ruling, Argentina decided to default on its debt again in 2014 rather than pay them.
https://www.bloomberg.com/ Not exact matches
Credit default swaps on Saudi Arabian debt have ballooned, and Dubai's debt pile, estimated to have reached $ 130 billion at the end of 2015 by the Institute of International Finance, is once again garnering the attention of distressed debt investors.