Adam Jourdan

Argentina creditor groups lambaste government over debt talk delays

01 Jul 2020

BUENOS AIRES Two major Argentine creditor groups said on Tuesday there had been "no meaningful engagement" with the country's government since mid-June, flagging concerns about a deal after talks to restructure $65 billion in debts stalled this month.

Argentina extends $65 billion debt deadline to July 24 after talks stall

20 Jun 2020

BUENOS AIRES Argentina will extend a deadline for $65 billion debt restructuring talks by more than a month, the country's economy ministry said late on Friday, after negotiations with creditors stalled this week leaving a deal hanging in the balance.

Argentina, creditors dance around debt deal as temperature rises

19 Jun 2020

BUENOS AIRES/LONDON/NEW YORK, June 19 (Reuters) - A rgentina's debt deal is hanging in the balance with creditors and the government at an impasse, though most analysts still expected the two sides to find a way to bridge the divide after having made significant progress over the last month.

Argentina extends debt talks deadline as bonds edge higher

13 Jun 2020

BUENOS AIRES Argentine bonds rose on Friday as the government said that negotiations with creditors to restructure around $65 billion in sovereign debt would continue into next week and that a deadline for reaching a deal would be pushed back to at least June 19.

Argentina debt talks, in tough final mile, spark hope and tension

09 Jun 2020

BUENOS AIRES/LONDON/NEW YORK Argentina's debt restructuring talks are sparking hopes and tension, with the government and its creditors in a sensitive final stretch to strike a breakthrough deal to revamp around $65 billion in sovereign bonds the country cannot pay.

Argentina debt deal in sight as serial defaulter looks to avoid 'zombie land'

03 Jun 2020

LONDON/BUENOS AIRES Argentina, in default since last month, is tantalizingly close to pulling off a $65 billion debt restructuring deal with creditors but still faces a complex set of hurdles to avoid falling into what one bondholder called debtor "zombie land."

Argentina bonds pop as new debt offers raise deal hopes

29 May 2020

BUENOS AIRES/LONDON Argentine bonds jumped on Friday after the government and key bondholders exchanged new proposals to revamp around $65 billion in debt that edged the two sides closer together and bolstered hopes that a deal can be stuck eventually.

Argentina unveils revised debt revamp offer, knocks back new counter

29 May 2020

BUENOS AIRES Argentina unveiled an amended proposal to restructure around $65 billion in debt on Thursday, with slightly earlier maturities and a shorter two-year grace period after earlier knocking back a new counter offer from two key creditor groups.

Argentina defaults on bond payments as debt talks heat up

23 May 2020

BUENOS AIRES Argentina missed payments on around $500 million 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.

World News