November 11, 2014

Judge Griesa authorises Citibank to make bond payments

New York District judge Thomas Griesa has authorised Citibank to complete the transfer of 85 million dollars to holders of restructured Argentine bonds under local law, meeting debt services that expire on December 31.

The financial entity had previously requested an audience with the justice to evaluate the situation scheduled for December 2, but in his latest ruling Griesa put on hold that meeting and gave the green light for payment. Read more.

Buenos Aires Herald

Related,
Capitanich: 'If this is the US Judiciary, we are faced with a problem of immeasurable proportions' - Buenos Aires Herald

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