Argentina nears $15bn bond issue in return to capital markets
By: Elaine Moore in London and Daniel Politi in Buenos Aires
Argentina is on the verge of issuing the largest sum of debt by any developing nation since 1996 as the country seeks to end a long-running and rancorous debt dispute by raising fresh credit.
In global financial markets, the question is what rate Buenos Aires will be forced to pay after a 15-year market hiatus and who will want to invest in a country that has been guilty of serial defaults for the past 200 years.
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