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(Bloomberg) -- Bond investors have been burned repeatedly in Argentina, which has defaulted on its debt nine times since winning independence in 1816. Now, just days ahead of a crucial presidential vote, another crisis is brewing.Most Read from BloombergHamas Chief Who Deceived Israel Is Target No. 1 Deep UndergroundBiden, Xi Declare Progress After Concluding Four-Hour SummitXi Says China Seeks to Be Friends With US, Won’t Fight ‘Hot War’Israel Latest: Biden Defends Hospital Raid, Says Hamas Unb

Plan to repurchase US$1 billion of overseas bonds meets the definition for a default, according to Moody’s.

/PRNewswire/ -- Stone Harbor Investment Partners, an affiliated manager of Virtus Investment Partners, Inc. (NASDAQ: VRTS) and Virtus ETF Solutions have...