Edition:
India

Hugh Bronstein

Argentine may alter proposed payment schedule for restructured bonds -source

02 Jul 2020

BUENOS AIRES, July 2 Argentina's creditors have 22 days to clinch a deal to revamp about $65 billion in distressed bonds, with the government willing to move up its proposed payment schedule on restructured debt to make the offer more attractive, a source said.

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.

Argentine farmers object to linking sovereign bonds to food exports

18 Jun 2020

BUENOS AIRES Argentina farmers have objected to the government's proposal to tie the interest rate of bonds issued in the country's debt restructuring to the country's agricultural exports.

Argentina debt talks hit roadblock as government, creditors rattle sabers

18 Jun 2020

BUENOS AIRES/NEW YORK Argentina's debt restructuring talks, in a tense final stretch, hit a roadblock on Wednesday with the government determined not to cede further ground after making an improved offer and a key creditor group warning that negotiations had failed.

Exclusive: Argentine takeover of soy crusher Vicentin may scuttle Glencore's Renova bid - sources

12 Jun 2020

BUENOS AIRES A planned bid by Glencore to buy out the remaining stake in its Argentine soy crushing joint venture Renova will likely be scuttled by the government's plan for a state takeover of bankrupt partner Vicentin, two sources close to the situation told Reuters.

Argentina jockeys to get its barley into Chinese beer

11 Jun 2020

BUENOS AIRES Argentina is jockeying to get more of its malt barley into Chinese beer, now that Asia's mega-economy is locked in a trade fight with its top barley supplier Australia, according to industry sources in the South American grains powerhouse.

China buys Argentina sorghum amid U.S., Australia trade disputes - sources

10 Jun 2020

BEIJING/BUENOS AIRES, June 10 China has accelerated sorghum imports from Argentina, according to sources and shipping data, as buyers diversify their sources of grain imports amid trade disputes with major suppliers Australia and the United States.

Argentina moves to take over bankrupt soy crusher Vicentin

09 Jun 2020

BUENOS AIRES Argentina will take over bankrupt soy-crushing giant Vicentin, with the aim of saving jobs and protecting the country's food exporting sector, President Alberto Fernandez said in a televised address on Monday.

Argentina industrial output crashes 33.5% in April on pandemic lockdown

05 Jun 2020

BUENOS AIRES Argentina's industrial output crashed 33.5% in April from the same month last year, the government's statistics agency said on Thursday, as the national lockdown to fight the coronavirus pandemic bludgeoned Latin America's No. 3 economy.

Argentina extends deadline of debt negotiations, may sweeten offer

02 Jun 2020

BUENOS AIRES/NEW YORK Argentina extended the deadline to negotiate with its creditors to June 12 and may sweeten its most recent restructuring offer, the country said on Monday, after a previous proposal was deemed insufficient by some investors.

World News