Tag: Argentina debt

• Thursday, April 1st 2021 - 09:49 UTC

  US State Department critical of Argentina in annual report

  

  The US State Department was particularly critical of Argentina in its annual report on the state of human rights in the world in 2020 released Tuesday.

• Tuesday, June 16th 2020 - 11:55 UTC

  Argentina and main creditors on the last leg of negotiations: reviewed exchange of payment proposals

  

  Some of Argentina’s largest creditors presented a new debt proposal to the government over the weekend as the two sides edge closer to a US$ 65 billion restructuring deal, according to people familiar with the matter.

• Wednesday, February 12th 2020 - 09:29 UTC

  Argentina delays bond maturity date from 13 Feb to 30 Sept: “the country will not be held hostage by foreign investors”

  

  Argentina said it won’t make a local bond payment on time after failing to refinance the debt, declaring it won’t be “held hostage” by foreign investors demanding their money back. The maturity date for the note will be delayed to Sept. 30 from the original Feb. 13, the Economy Ministry said in a statement.

• Wednesday, January 15th 2020 - 09:50 UTC

  Buenos Aires province negotiating an extension on a US$ 250m bond payment on January 26

  

  Buenos Aires province bonds added to recent losses on Tuesday after the provincial government asked holders for an extension on a more than US$ 250 million payment due later this month, dragging Argentina’s debt lower as well.

• Tuesday, January 14th 2020 - 09:58 UTC

  Argentine president said no plans to bail out Buenos Aires province, the richest of the country

  

  Argentine President Alberto Fernandez on Monday night confirmed that the national government had no plan to bail out Buenos Aires province, which has a payment due later this month on hard-currency provincial debt.

• Monday, January 13th 2020 - 09:28 UTC

  Argentine finance minister confident the sovereign debt situation will be resolved

  

  Argentina’s new government is working “nonstop” to resolve its sovereign debt crisis, the country’s Economy Minister Martin Guzman said, a month after center-left Peronist President Alberto Fernandez took office.

• Friday, January 10th 2020 - 09:57 UTC

  Buenos Aires province US$ 227 million debt payment on Jan 26, a major test for creditors

  

  Argentina's debt talks will face their first big test this month with a US$ 277-million payment due on a Buenos Aires provincial bond, seen as a gauge of how the indebted nation's new government will handle its creditors.

• Saturday, December 28th 2019 - 09:55 UTC

  Argentina will continue to honor its debt, and has cleared all 2019 payments

  

  The Argentine government will continue to honor its debt while it works to reach an agreement with creditors, both the IMF and private bond holders, with the purpose of refinancing commitments and achieve a long term sustainable path for the payments, according to sources from the Economy ministry.

• Saturday, December 21st 2019 - 11:07 UTC

  Argentina appoints team for talks with creditors to renegotiate massive sovereign debt

  

  Argentina appointed a government team to kick off talks with creditors to renegotiate about US$100 billion in sovereign debt as the new center-left administration of President Alberto Fernandez postponed payments on some of its short-term debt.

• Saturday, December 21st 2019 - 11:03 UTC

  Argentina's credit rating downgraded to near-default by Fitch and S&P

  

  Argentina’s credit rating was downgraded to near-default status by two of the biggest global rating companies, Fitch Ratings, and S&P Global after the government said it would delay payments on its short term dollar-denominated local debt.