July 3, 2020 / 6:31 PM / a month ago

Argentine government to present new debt offer to U.S. SEC: source

BUENOS AIRES (Reuters) - The government of Argentina intends to present a new debt restructuring offer to the U.S. Securities and Exchange Commission in the coming days, a government source said on Friday.

Argentina is trying to avoid a messy legal standoff with its creditors by striking a deal for the restructuring of about $65 billion in foreign debt.

Reporting by Jorge Iorio; writing by Cassandra Garrison; Editing by Dan Grebler

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