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Argentina said it would repay Italian investors who had refused earlier offers of a debt restructuring after the country defaulted in 2001. If Congress approves the deal, the government will pay $1.35 billion, 150% of the face value of the bonds, to 50,000 investors.|| It hopes this will set a precedent for negotiations with holdout investors in bonds with a face value of $6 billion.||
||1:阿根廷(Argentina)表示将赔偿那些在2001年由于违约债券而受到损失的意大利投资者。||2:此前,他们拒绝了阿根廷提出的债务重组的建议。如果阿议会通过了此项赔偿决议,阿政府将赔偿13.5亿美元(2001年债券面值的1.5倍)给50000名投资者。||3:此外还有另外一些顽固的投资人持有面值为60亿美元的违约债券,与他们的协商也将参照这一做法。||
||1:The United States Supreme Court refused to hear an appeal by Argentina against a lower-court ruling obliging it to pay a small group of creditors who have been chasing payment following its 2001 debt default.||2:The Argentine government must now decide whether to pay these “holdout ” creditors, sidestep the reach of the American courts or risk another default.
||1:美国最高法院驳回了阿根廷上诉。阿根廷对于下级法院判决其必须支付自2001年阿根廷债务违约后一直追债的一小群债权人不满。||2:现在阿根廷政府必须决定是否支付这些“持之以恒”讨债者,绕开与美国法院接触或者面临再次债务违约的风险。
A federal appeals court in New York cleared the way for Argentina, which defaulted on its debt in 2001, to repay bondholders who had rejected earlier debt restructurings. This should allow the country to resume borrowing on international capital markets. It plans raise up to $15 billion through a new bond issue.|| Most of the money will be used to pay the holdout bondholders.||
||1:纽约一联邦上诉法院为阿根廷铺平了偿债之路,使其有能力偿还2001年拖欠债券持有人的相应债务。早期,这些持券人拒绝阿根廷提出的债务重组计划。||2:上述法院的举动使得阿根廷能够重新在国际资本市场借款。||3:阿根廷欲发行新一轮债券,计划融资150亿美元以上。||4:大部分的融资将支付给拒绝合作的持券人。||
Five more Turkish troops were killed by the Syrian army as it continued its offensive against rebels in Idlib province, the last opposition holdout . Turkish troops are in the area under an agreement trying to de-escalate the conflict. Turkey struck back at Syrian positions.
叙利亚军队在伊德利卜省继续对叛军的进攻,又有五名土耳其士兵被杀,伊德利卜省是反对派控制的最后一处领土。土耳其军队根据协议进入该地区,试图缓解冲突。土耳其对叙利亚的据点进行了反击。
Things are so desperate that the government will soon make an attractive offer to holdout bondholders, some observers believe. The expiration of the RUFO clause makes the cost bearable; the government would not have to make the same offer to the other bondholders.
一些观察家认为,当前情况万分危急,政府不久就会制定出富有吸引力的政策来维系人心。这次RUFO条款期满后,违约成本尚可担负;但政府今后不会再和其他债券持有人签署同样的协议了。
noun
1.A person who resists something or refuses to accept an offer.
‘Designated the team’s franchise player, he could be a training camp _holdout_ for the second straight year.’
‘Under those facts, would your unwillingness to accept my offer evidence that you are just being a strategic _holdout_ ?’
2.An act of resisting something or refusing to accept what is offered.
‘a defiant _holdout_ against a commercial culture’
‘After ending a 50-day _holdout_ , Smith is getting a lot of repetitions, running extra after practice and studying the playbook at night.’
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