Argentina and creditors find a path to reach an understanding and avoid default

Thursday, May 21st 2020 - 08:55 UTC

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Argentina’s Economy Minister Martin Guzman has hinted that make-or-break talks with international creditors are likely to continue beyond the looming May 22 deadline. It has tentatively elevated hopes that the crisis-prone country will be able to avoid its ninth sovereign debt default. Read full article

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Pugol-H
So, they haven’t included much provision for coronavirus in their offer to bond holders.

That’s probably going to bite them in the arse, sooner rather later.

Best option for the bond holders is hope they can get 50C on the dollar, take it quick and hope that’s the end of it.

It won’t be though.
May 21st, 2020 - 01:32 pm - Link - Report abuse 0
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