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The holdouts rejected these new bonds and instead have sued the Argentine government, arguing that the government is now capable of making full repayments.
HARWOOD: As you know, you've been asked to testify before Congress about some memos that came out, Congressman Issa released regarding AIG and advice the New York Fed gave to not disclose the full repayments to some counterparties of AIG.
Similar(55)
Lending terms were restrictive, typically requiring full repayment within five years.
French representatives persisted in pressing outrageous, unsubstantiated demands, including full repayment of spurious bond claims.
As a result, all creditors should be expected to hold out and demand full repayment.
He said that the acquisition deal would involve the full repayment of all players.
But A.I.G.'s cheerful notion that the plan "provides for full repayment" of taxpayers is premature.
But some investors, known as holdouts, refused to join the exchange deals and demanded full repayment.
After full repayment, borrowers can apply for another loan so their businesses can continue to grow.
This process is repeated until the full repayment has been made.
If you leave the company, it will usually demand full repayment within a month or two.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com