Cassandra Garrison

Buenos Aires lockdown extended until June 7 after rise in coronavirus cases

24 May 2020

BUENOS AIRES Argentina extended until June 7 a mandatory lockdown in Buenos Aires on Saturday and tightened some movement restrictions, after a steady increase in the city's confirmed coronavirus cases in recent days.

Argentina, creditors get ready to resume debt talks after ninth sovereign default

23 May 2020

BUENOS AIRES A major Argentina creditor group said on Saturday it had been invited to sign a non-disclosure agreement by Argentina's government, signaling that talks could be moving to the next phase after the South American country defaulted a day earlier.

Argentina hits 10,000 coronavirus cases, outpaced by LatAm neighbors

23 May 2020

BUENOS AIRES Argentina surpassed 10,000 confirmed cases of the coronavirus on Friday, after recording the highest single-day increase since the start of the pandemic.

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.

Argentina extends debt talks deadline as default looms

22 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.

Argentine bonds close higher, country risk dips as officials weigh restructuring counteroffers

19 May 2020

BUENOS AIRES Argentine bonds closed higher on Monday as the government weighed new counteroffers from its creditors while racing to strike a deal to restructure about $65 billion in foreign debt before Friday, when a grace period for paying interest on three dollar-denominated bonds expires.

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.

Argentina could loosen coronavirus travel ban early, says airline trade group

15 May 2020

BUENOS AIRES, May 15 Argentina, which has banned air travel until Sept. 1, has suggested it may be willing to loosen those restrictions sooner, airline industry group IATA said on Friday.

Argentine province on brink of default as bond payment deadline passes

15 May 2020

BUENOS AIRES Argentina's Buenos Aires province edged towards likely default on Thursday as a deadline for a bond payment hit and the local government asked creditors for counter offers to restructure $7 billion in foreign debts after they rejected its earlier proposal.

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