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Adam Jourdan

Argentina defaults on bond payments as debt talks heat up

22 May 2020

BUENOS AIRES Argentina missed payments on around $500 million (411 million pounds) in already delayed bond coupons on Friday, creditors and a ratings agency said, marking the country's ninth sovereign default amid ongoing restructuring talks with creditors.

Default then deal? Argentina hits payment deadline with distance left in talks

22 May 2020

BUENOS AIRES, May 22 Argentina faces a hard deadline to make $500 million in already delayed bond interest payments on Friday, which investors expect it will miss, pushing the country into a ninth sovereign default amid complex restructuring talks with creditors.

Argentina extends debt talks deadline as default looms

21 May 2020

BUENOS AIRES/LONDON Argentina on Thursday said it would extend a deadline for talks with creditors to restructure around $65 billion in foreign debt to June 2, as the two sides edge closer to a deal needed to avert a messy default that would drag the country deeper into crisis.

Explainer: Argentina's race to solve $323 billion debt conundrum

21 May 2020

BUENOS AIRES Argentina is racing to avoid a messy ninth sovereign default as it firefights recession, stubborn inflation and increasingly wary investors, who have pushed the South American grain giant's bonds into distressed territory since last year.

Argentina extends $65 billion debt deadline as 'hardball' talks stoke risk of default

12 May 2020

BUENOS AIRES/LONDON/NEW YORK Argentina will extend negotiations over a $65 billion debt restructuring proposal until May 22, the government said on Monday, setting the stage for tense last-ditch talks as the South American nation races to avoid default.

Debt, deadlines and default: Argentina's last-ditch push for $65 billion deal

08 May 2020

BUENOS AIRES/LONDON Argentina and its international creditors are racing to find middle-ground over a $65 billion debt restructuring, with sources close to the government indicating it may be willing to be flexible to break a deadlock that risks triggering a default.

Argentina's confirmed COVID-19 cases top 5,000 as lockdown stalls spread

06 May 2020

BUENOS AIRES Argentina's confirmed cases of the novel coronavirus topped 5,000 on Tuesday, according to a daily health ministry report, though they remain far below the level of large neighboring countries Chile, Brazil and Peru.

UPDATE 1-Argentina's confirmed COVID-19 cases top 5,000 as lockdown stalls spread

06 May 2020

BUENOS AIRES, May 5 Argentina's confirmed cases of the novel coronavirus topped 5,000 on Tuesday, according to a daily health ministry report, though they remain far below the level of large neighboring countries Chile, Brazil and Peru.

Argentina in standoff with bondholders as $65 billion debt deadline nears

04 May 2020

LONDON/BUENOS AIRES Argentina's government and its biggest bondholders are at loggerheads over plans to restructure $65 billion in foreign debt, with little sign of either side budging in last-ditch talks to strike a deal.

Explainer: Argentina's $323 billion debt conundrum

17 Apr 2020

BUENOS AIRES Argentina is battling to avoid a messy default as it firefights recession, stubborn inflation and increasingly wary investors, who have pushed the South American grain giant's bonds into distressed territory since last year. | Video

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