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View Full Version : Ecuador May Offer to Buy Back Defaulted Debt, Barclays Says - Bloomberg



NewsWhore
03-26-2009, 12:50 PM
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Ecuador May Offer to Buy Back Defaulted Debt, Barclays Says (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaEEd2_aiYEq8%26refer%3Dnews&cid=1320633453&ei=V6XLSaakFpDYQeumiIII&usg=AFQjCNH--zxcT0fKcgcet1weEJhU8LBNtg)
Bloomberg
By Lester Pimentel March 26 (Bloomberg) -- Ecuador may offer to buy back its defaulted debt, Barclays Plc analyst Alejandro Grisanti said. The government may pay investors as much as 30 cents on the dollar for the defaulted securities, plus accrued ...


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