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.
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.
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.
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.
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.
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.
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.
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.
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.
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.