VOL. XLVII

No 13

29-March-2004

IRAQ RECONSTRUCTION

Iraqs $12Bn Private Debt Largely Non-Odious, Says Exotix

The majority of Iraqs $11.9bn in private sector debt should be classified as non-odious in any debt restructuring agreement, Peter Bartlett, Managing Director of the London-based emerging market debt trading specialist, Exotix, has said. In an overview of Iraqs foreign private sector debt, Exotix says that it is comfortable stating that most private sector claims are non-odious since...