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Markets

Argentina offers $6.5bn to 'holdout' creditors

Published February 6, 2016 Updated February 6, 2016 09:24am

imageNEW YORK: Argentina's new government has offered $6.5 billion to settle its long debt battle with "holdout" creditors, US mediator Daniel Pollack said Friday.

The offer was made in New York talks with hedge funds and other creditors who have demanded repayment of about $9 billion on bonds the country defaulted on 15 years ago.

Copyright AFP (Agence France-Presse), 2016

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