Pagarles a los recalcitrantes bonistas hubiera significado perder prestigio y posiblemente desencadenado una serie de demandas judiciales similares; el no pago constituiría un default técnico y conllevaría inevitables costos.
Paying the recalcitrant bondholders would mean losing face and possibly triggering a salvo of copycat lawsuits; not paying would mean technical default and all of its attendant costs.