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Ecuador completes US$17.4 billion debt restructure

shutterstock.com/Ksenia Ragozina

Ecuador has completed a deal with bondholders to restructure an international debt pile worth US$17.4 billion, enlisting six Hogan Lovells LLP offices to do so, while deal manager Citigroup hired Cleary Gottlieb Steen & Hamilton LLP offices in New York and Buenos Aires and Ecuador’s Pérez Bustamante & Ponce.