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Sebastian Maril
@SebastianMaril
·
19m
For those who follow the YPF exprop case and own BUR shares, Arg just announced a $1b repo of sovereign bonds (currently trading mid 30s).
- Will those bonds be used as guarantee while Arg appeals a (possible) adverse ruling?
Who knows ?
I'm one of those holders you refer to Amica and i think you make a fair point or two. Personally i'll be glad to see the back of the Peterson case and let the market focus on its core business. I'm giving it 3 more years.
Well if i was the Argentine gov. i would put an offer in to buy Burford, say around £10, take the company over ( becauuse the institutions would accept), then drop the case and save myself a few billion. It would cost me a lot but could it happen?