Dec
29
Elliott Said to Subpoena HSBC on Involvement in Argentina Loans
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Holdout groups seek to block nation’s offshore fund-raising
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Creditor group may also serve other banks with subpoenas
Holdout creditors are demanding information from HSBC Holdings Plc about Argentina’s effort to raise cash, as the government seeks to end a 14-year standoff that has kept the nation out of international credit markets.
The creditors last week served HSBC with a subpoena for documents on the bank’s involvement in the country’s attempt to raise money abroad, according to a person familiar with the matter…
Elliott Said to Subpoena HSBC on Involvement in Argentina Loans
