Aurelius Denies Being Part Of Lawsuit Filed Against Petrobras

Mani

Published onJanuary 12, 2015

Updated on May 13, 2021

New York-based Aurelius Capital Management has denied being part of a lawsuit filed against Brazilian state-owned oil company Petrobras following accusations by Argentina’s Economy Minister, Axel Kicillof. This marks the latest war of words from Kicillof as the hedge fund continues to fight for claims of roughly $1.5 billion after Argentina’s debt restructuring.

Aurelius said to have upped pressure on Petrobras

As reported by ValueWalk, in a letter obtained by Bloomberg News last week, New York-based hedge fund Aurelius claimed that Petrobras violated bond contracts by failing to report...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Aurelius Denies Being Part Of Lawsuit Filed Against Petrobras

Aurelius said to have upped pressure on Petrobras

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