Tag: bondholders

• Saturday, October 24th 2020 - 08:55 UTC

  Argentine bondholders claim government economic policies undermine investor confidence

  

  Argentine bondholder groups slammed the government over economic policies they said were undermining investor confidence in the country, which emerged from a sovereign default in September after a US$ 65 billion restructuring.

• Saturday, August 1st 2020 - 06:11 UTC

  Ecuador extends deadline for negotiations with bondholders

  

  Ecuador will extend the deadline for creditors to vote on its US$ 17.4 billion debt restructuring plan to Monday following a lawsuit by a small group of bondholders, the finance ministry said on Thursday.

• Wednesday, July 22nd 2020 - 08:10 UTC

  Argentine debt negotiations: Cristina Fernandez praises Minister Guzmán's performance

  

  Argentine vice-president Cristina Fernandez de Kirchner praised Minister of Economy Martin Guzmán statements during a television program in Buenos Aires and described he was “clear as crystal water”, in his replies

• Tuesday, July 21st 2020 - 08:45 UTC

  Ecuador closer to reach a US$ 17,4bn debt overhaul agreement with bondholders

  

  Ecuador pushed forward with its debt overhaul plans on Monday, requesting a vote among its creditors on reconfiguring the terms of US$ 17.4 billion of its external bonds, with its largest group of creditors backing the proposal.

• Wednesday, July 15th 2020 - 08:56 UTC

  Ecuador's US$ 17,4bn debt restructuring plan faces divided bondholders

  

  Ecuador’s government will likely have to sweeten its offer to creditors in order to reach an agreement to restructure US$ 17.4 billion in bonds, say analysts. The government’s proposal already has the backing of one group of creditors, holding around half of the bonds and including AllianceBernstein, Ashmore and BlackRock.

• Friday, July 10th 2020 - 08:59 UTC

  Two creditor groups not convinced with Argentina's latest offer, but admit it is in the right direction

  

  Argentina’s US$65 billion debt restructuring talks teetered on the edge after two key creditor groups knocked back the country’s latest “final” offer, while the government signaled that there was no room left to improve the terms.

• Monday, July 6th 2020 - 09:35 UTC

  Argentina unveils its “final effort”, with sweeteners, to bondholders and an August 4 deadline

  

  Argentina’s government unveiled an amended debt restructuring proposal on Sunday and set a deadline of Aug. 4 for creditors to accept it, adding some key sweeteners as it looks to defuse recent tensions with bondholders and strike a deal.

• Saturday, June 20th 2020 - 10:19 UTC

  Argentina extends deadline for bondholders to accept debt deal to July 24

  

  Argentina extended a deadline for bondholders to accept a debt restructuring proposal for the fifth time as creditors blamed the government for “walking away” from talks.

• Wednesday, May 13th 2020 - 07:55 UTC

  Modest optimism Argentina and bondholders can strike a deal by 22 May

  

  Argentine bonds jumped on Tuesday as the country’s government and creditors sought to strike a deal to restructure US$ 65 billion in foreign debt by May 22 after an initial deadline passed last week without a pact.

• Saturday, May 9th 2020 - 08:57 UTC

  Argentina open to proposals from bondholders: default deadline stands at 22 May

  

  Argentina will keep pushing for talks with creditors even as a deadline for its US$ 65 billion debt restructuring proposal passed on Friday with little sign it had the support needed from international bondholders to unlock a comprehensive deal. Apparently on averaged less than 20% of bondholders accepted Argentina's conditions