Argentina must pay to bring appeal in hedge funds' London lawsuit
LONDON, Feb 22 (Reuters) -Argentina must pay nearly 310 million euros ($336 million) in escrow in order to bring an appeal after losing a lawsuit brought by four hedge funds over euro-denominated securities, a London court ruled on Thursday.
The South American republic was in January given permission to appeal against a 2023 ruling which left the country facing a 1.56 billion euro bill on condition Argentina paid the sum into court pending the outcome of the case.
Reporting by Sam Tobin, Editing by Kylie MacLellan
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