Argentina has extended confidentiality agreements with creditors by one day to allow further negotiations as the two sides seek a last-ditch agreement to restructure around US$ 65 billion in debt.
Sources from the negotiations said that the nondisclosure agreements (NDAs) would be extended once more, after a previous extension from last Friday to Tuesday.
Argentina’s government is expected to unveil an amended debt restructuring proposal to win over its foreign creditors ahead of a deadline to a reach an agreement that was pushed back on Friday to June 19.
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