MercoPress. South Atlantic News Agency

Argentina extends confidentiality agreements with creditors for one day

Argentina's Economy minister Martin Guzmán

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.