Who We Are

We are an organized group of investment institutions known as the Exchange Bondholder Group.  Many of our firms have been investors in Argentina for decades.  Collectively, we hold nearly $4bn in bonds issued by Argentina in connection with its debt exchanges in 2005 and 2010, in which bondholders voluntarily accepted large reductions in net present value to assist Argentina's recovery from the 2001 default. 

The group has appointed a steering committee comprised of its largest holders of exchange bonds - HBK Investments, Monarch Alternative Capital LP, Paloma Partners Management Corp., Pharo Management (UK) LLP, Redwood Capital Management, LLC and VR Capital Group.

The group is closely aligned with other Argentina bondholder groups, and welcomes coordination with other holders.  Quinn Emanuel Urquhart & Sullivan LLP is our legal advisor. 

The Exchange Bondholder Group supports the debt restructuring proposal announced by The Republic of Argentina on August 4, 2020.

We have created this site to provide answers to the most frequently asked questions from investors, and to allow easy access to materials including recordings of the group’s webinar in English and Spanish and the presentation materials. The website is intended to support constructive engagement with Argentina with the goal of reaching a resolution that will place Argentina on a solid path of economic growth and preserve market access for the Republic.

The Exchange Bondholder Group can now confirm that it supports the debt restructuring proposal announced by The Republic of Argentina on August 4, 2020.   We encourage all creditors to join us, the other principal bondholder groups and additional significant bondholders in accepting this offer.