Argentina offered two New York hedge funds to repay its debt to them with cash and new bonds on conditions similar to those used in a 2010 debt swap.
Photo illustration of a man holding an Argentinian flag. Argentina offered two New York hedge funds the same conditions for repayment of its debt that had been presented in a 2010 debt swap.
The South American nation is facing a court order to pay out $1.3 billion (one billion euros) to bondholders on debt it defaulted on during its 2001 financial crisis.
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