NML Capital

NML Capital is an investment firm associated with Elliott Management, known for purchasing distressed debt—bonds from countries or companies facing financial trouble. They often buy distressed government bonds at discounted prices and then seek repayment, sometimes through legal actions, even if it means challenging governments’ efforts to restructure or default. Their approach can help recover value for their investors but may also create tensions with debtors, especially when efforts to recover debts oppose a country's financial restructuring plans.