Update: According to Ambito the deal is a no go as Italian bondholders (and likely all others) claim that a private deal with a buyer of holdout bonds would also trigger the RUFO clause, thus making the deal meaningless and forcing Argentina to payout billions more. From Ambito:
Italian bondholders say a private agreement also would trigger the clause RUFO
The representative of a group of debt holders Argentina Italy, Tulio Zembo said that any agreement between private RUFO also would trigger the clause.
Read the full story at: www.zerohedge.com / link to original article
Lucas 2012 Infos 