Gregory Makoff’s Post

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Author of Default: The Landmark Court Battle over Argentina's $100 Billion Debt Restructuring

GDP Warrants, Oil Warrants, Macro Linked Bonds, VRIs, Contingent Payment Obligations, GDP Bonds, etc… These are complex instruments that are often mispriced and have attracted disputes… …but they are often the critical element for getting a sovereign debt restructuring done. Lee Buchheit and I suggest a better design in this paper now up on SSRN. Check it out! Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School Centre for International Governance Innovation (CIGI) https://lnkd.in/egh8Jcyx

A Better Value Recovery Mechanism for Sovereign Debt Restructurings

A Better Value Recovery Mechanism for Sovereign Debt Restructurings

papers.ssrn.com

Russ Belinsky

Managing GP, LB Capital Advisors, LLC

4mo

love the GDP warrant concept you described in Default!

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