Argentina bondholders face write downs - Fitch, Moody`s
(WorldNews Argentina)

LONDON/BUENOS AIRES — Fitch Ratings expects holders of Argentina dollar bonds to have to write off part of their investments under the country’s sovereign debt restructuring plan, one of the agency’s analysts said on Thursday. The Argentine government last month announced plans to extend the maturities on about $100 billion in debt as it strives to stem financial meltdown in the wake of the shock primary election defeat for business-friendly President Mauricio...