Komentář ze dne: 30.04.2021 18:33:29
Autor: ULIAG (harveyz18@yahoo.com) Titulek: cCiHrzgAHsDeQQA
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australia Finding 25% of bondholders,
however, to block what Ecuador wanted to
do, was much easier — and
that’s exactly what Helie did.
Essentially, Ecuador expected that it
could just walk down to the beach and do
its bond exchange relatively easily.
Instead, it found that hedge fund
managers like Helie bought up property
which would prevent it from doing that.
When Helie et al accelerated
Ecuador’s bonds, they forced it to
enter into a far more elaborate and
convoluted restructuring, in much the
same way that Kyle Cruz now needs to
walk much further to get to the
beach.
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