Back

Weekly Report - 23 July 2020 (WR-20-29)

ARGENTINA: Gap narrows in debt talks

“To make a better offer would be to put tomorrow at risk.” This was how Argentina’s President Alberto Fernández responded to a joint counteroffer made by three groups of bondholders this week to the “final” debt restructuring offer presented by his government. But while publicly refusing to budge the Fernández administration will be privately satisfied that its efforts to persuade its creditors to table a serious counteroffer have borne fruit at last. This suggests a deal could now be within sight if not ahead of the expiry of the government’s latest extended deadline of 4 August.

End of preview - This article contains approximately 573 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.