ARGENTINA: Provincial bond snare avoided but bigger tests lie ahead
Buenos Aires provincial Governor Axel Kicillof announced yesterday, 4 February, that the province will make a USD 250mn bond amortization payment after failing to convince enough bondholders to accept his proposal to delay the payment (originally due on 26 January) until May. Kic… Become a member to read the rest of this article Username […]
ARGENTINA: Sub-sovereign debt issue as prelude to broader negotiations
Yesterday, 14 January, Buenos Aires provincial authorities formalized their intention to delay an upcoming amortization payment of USD 250mn. The federal government had earlier indicated that it would not cover the payment, having previously made positive noises about the possibi… Become a member to read the rest of this article