04/22/10 Don't Cry For Argentina Cry For Greenwich Based Gramacy

They Are Crying Three Billion Tears On Dayton Avenue In Greenwich As Gramercy Says It’s ‘Predisposed’ to Accept Argentine Debt Swap

Gramercy, a Greenwich, Connecticut- based investment fund, is “predisposed” to accept Argentina’s offer to restructure $20 billion in defaulted bonds held out of a 2005 settlement, Managing Partner Robert Koenigsberger has told bloomberg news..

Gramercy holds $3 billion in defaulted Argentine debt.

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