United Kingdom

Walter Bianchi

Argentina exceeds 100,000 cases of novel coronavirus

13 Jul 2020

BUENOS AIRES Argentina exceeded 100,000 cases of novel coronavirus infections on Sunday as it struggles to contain spiraling case rates despite a strict quarantine imposed on the capital Buenos Aires and its surroundings.

Argentina's sweetened debt offer wins early support; bonds climb

06 Jul 2020

LONDON/BUENOS AIRES Argentina's new debt restructuring offer won a tentative thumbs up from creditors as they digested the details on Monday, pumping up the country's bonds on hopes the two sides could strike a deal by an extended Aug. 4 deadline.

Argentina debt markets rattled as bond revamp talks stall

19 Jun 2020

BUENOS AIRES Argentine bonds fell nearly 2% on Thursday after restructuring talks with creditors appeared to stall, rattling investors and driving the country's risk spread over safe-haven U.S. Treasuries sharply higher.

Argentina extends confidentiality agreements for debt talks by one day -source

17 Jun 2020

BUENOS AIRES, June 16 Argentina has extended confidentiality agreements with creditors by one day to allow further negotiations as the two sides seek a last-ditch agreement to restructure around $65 billion in debt.

UPDATE 2-Argentina to present amended debt revamp offer to U.S. regulators this week, source says

08 Jun 2020

BUENOS AIRES, June 8 Argentina will present an amended bond restructuring offer to U.S. regulators on Thursday or Friday, an economy ministry source told Reuters on Monday, as the government races to strike a deal with creditors to revamp $65 billion in sovereign debt.

Argentine reserves drip out even as government tightens controls

04 Jun 2020

BUENOS AIRES Argentina's foreign currency reserves are falling fast despite the government's tightening of access to dollars, hitting the lowest level since early 2017 in May as the country struggles to control the coronavirus and a long-simmering debt crisis.

UPDATE 3-Argentine bonds rise after default as Fitch, S&P cut ratings

26 May 2020

BUENOS AIRES, May 26 Argentine bonds rose strongly on Tuesday on optimism that a restructuring deal being brokered with creditors could be in reach, even as ratings agencies slapped the country with downgrades after it defaulted for the ninth time last week.

Argentina's creditors make counter offers as debt restructuring deadline nears

16 May 2020

BUENOS AIRES/NEW YORK Argentina received three new counter-offers from creditors late on Friday as the South American nation races to strike a deal to restructure $65 billion in foreign debt and avoid a default by the deadline at the end of next week.

UPDATE 1-Argentina's black market peso tumbles; gap with official rate hits 100%

14 May 2020

BUENOS AIRES, May 14 Argentina's black market peso on Thursday weakened to 136 per U.S. dollar, double the official exchange rate, as the country grapples with a biting recession and races to restructure its sovereign debt.

UPDATE 1-Argentine bonds rise as debt talks race towards deadline

12 May 2020

BUENOS AIRES, May 12 Argentine bonds jumped on Tuesday as the South American country's government and creditors sought to strike a deal to restructure $65 billion in foreign debt by May 22 after an initial deadline passed last week without a pact.

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