Argentina reopens access to dollars

April 24, 2015 6:09 PM

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NEW YORK, April 24 (IFR) - Argentina won a small victory in its long legal war against holdout bondholders this week when it overrode litigant investors' objections to raise US$1.416bn through a local tap of its Bonar 8.75% 2024s.

For the sovereign, the move marks a rare success story in its latest attempts to gain access to international capital, albeit through a local auction.

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