La Rioja receives a ruling against it while negotiating with bondholders: strategies and situation in the province

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La Rioja receives a ruling against it while negotiating with bondholders: strategies and situation in the province

The province of La Rioja, the first to default on debt commitments during the presidency of Javier Milei, and the first to issue its own quasicurrency, is in a delicate financial situation and received a ruling this week against the Court of the Southern District of New York: it ordered the Government of Ricardo Quintela to cancel $39.9 million to a group of three creditors. This comes days after the governor told Bloomberg Línea that he seeks t…