BLOOMBERG Argentina's IMF deal fails to revive bonds stuck around 30 cents 29-03-2022 16:56 Argentina's bonds maturing in 2035 are little changed since President Alberto Fernández’s administration reached an agreement with IMF.
PARIS CLUB DEBT Postponement of Paris Club debt payment gives breathing room 23-03-2022 15:39 Argentina's government has secured an extension of an agreement with the Paris Club group of rich nations that allows it to postpone an imminent payment of about US$2 billion.
DEBT RESTRUCTURING Argentina extends Paris Club talks over US$2 billion to June 30 23-03-2022 14:02 Argentina reaches an agreement Tuesday with a group of wealthy nations known as the Paris Club to finalise by June 30 a repayment programme on US$2 billion of debt.
DEBT TALKS Paris Club says Argentina has committed to IMF deal by next March 23-06-2021 18:50 The government has committed to reaching an agreement with the International Monetary Fund no later than the end of March as part of an understanding with the Paris Club to avoid default.
DEBT TALKS Guzmán confirms Argentina has reached deal with Paris Club 22-06-2021 18:04 Economy Minister Martín Guzmán confirms Argentina had reached an agreement with the Paris Club of creditor countries to avoid defaulting on a loan repayment in July.
DEBT TALKS Argentina plans partial payment to Paris Club, averting default 22-06-2021 16:26 Government will make a partial payment to Paris Club group of creditors to avert default.
DEBT TALKS Argentina to use Paris Club grace period to further debt talks 31-05-2021 11:04 Government to hold off on US$2.4-billion debt payment with Paris Club due Monday and will instead use a 60-day grace period to try to reach an agreement with the group and avert default.
DEBT TALKS Paris Club to spare Argentina from US$2.4-billion debt default 14-05-2021 13:58 Group of major creditor nations willing to delay US$2.4-billion debt payment from Argentina due this month if the Fernández administration agrees to certain conditions.
Bloomberg Argentina seeks Paris Club deal amid IMF talks, Guzmán says 18-04-2021 22:18 Argentina is pressing the Paris Club to renegotiate debt as separate talks to strike a deal with the International Monetary Fund drag on, says Economy Minister Martín Guzmán.
DEBT WOES Buenos Aires Province sued in US for missed debt payments 23-03-2021 18:56 Creditors submit a legal claim against the province of Buenos Aires in the US District Court for the Southern District of New York.
BLOOMBERG Debt restructuring talks for Buenos Aires Province stall 22-03-2021 16:23 After nearly a year of extending the deadline of its debt restructuring proposal, fresh documents published by Argentina’s largest province show talks remain stuck.
DEBT RESTRUCTURING Bondholders: ‘Argentina desperately needs agreement with the IMF’ 20-02-2021 08:18 Private bondholders group, who previously agreed to restructuring, accuse government of dragging its feet in talks with IMF to “continue its unsustainable policies even longer."
STATE ENERGY FIRM YPF avoids March default with 60% support for key bond swap 12-02-2021 01:11 YPF SA swaps almost 60% of a key bond due in March, saving the company millions of dollars in debt payments and avoiding a costly default next month.
BLOOMBERG YPF wins support of key creditor group for 2021 bond swap 08-02-2021 15:07 State energy firm YPF SA has won support of a key creditor for its debt restructuring bond-swap deal after improving its offer.
STATE ENERGY FIRM YPF creditors reject last debt offer as deadline looms 05-02-2021 00:49 Largest group of creditors reject latest debt restructuring offer, just days before the expiration of its US$6.2-billion bond proposal.
DEBT RESTRUCTURING Adherence to domestic debt swap deal rises to 99.49% 29-11-2020 23:29 Government announces that adherence to its offer to restructure US$41.7 billion in bonds issued under local jurisdiction has risen to 99.49 %.
BLOOMBERG Argentina gives Templeton, Pimco chance to trim peso holdings 09-11-2020 18:04 Argentina is giving some of its largest bondholders the chance to trim their holdings in one of the world’s worst-performing currencies, offering to swap their local peso securities for dollar-denominated assets.
BLOOMBERG BlackRock's Fink says Argentina won't soon regain investor trust 06-11-2020 08:15 Blackrock Inc. CEO Larry Fink said Argentina has a long way to go before it can regain investor confidence.
BLOOMBERG Creditors blast Argentina for post-restructuring bond blow-up 22-10-2020 22:22 Argentina Exchange Bondholders group and the Argentina Creditor Committee rip government for mismanaging the economy, saying country is headed for disaster just seven weeks after restructuring US$65 billion in debt.
BLOOMBERG - OPINION El-Erian: Argentina and Ecuador diverge after bond restructurings 11-10-2020 09:18 A month after finalising historic “zoom” debt restructurings, Argentina and Ecuador find themselves on starkly different paths toward economic and financial improvements.
Bloomberg Argentina bonds fall with tighter foreign-exchange controls 16-09-2020 23:23 Argentine bonds fell Wednesday after the government expanded restrictions on foreign exchange in an attempt to hold onto US dollars as reserves dwindle.
ANALYSIS With a track record of disasters, Argentina and IMF think small 12-09-2020 10:36 It’s only two years since the IMF broke its own credit records by offering Argentina US$57 billion. Now, talks over a new financing programme are beginning anew.
DEBT RESTRUCTURING Argentina exits default after US$65-billion debt deal 07-09-2020 21:53 Nation officially emerges from its ninth default after Standard & Poor's Global raised its credit rating following the restructuring of US$65 billion of overseas debt.
DEBT DEAL DONE Debt deal done – now Argentina must rebuild confidence in its economy 05-09-2020 10:29 Analysts praise government's debt restructuring deal, but say rebuilding the economy and generating confidence with markets will be a tougher task.
DEBT DEAL DONE Creditors overwhelmingly back government’s debt restructuring offer 05-09-2020 10:24 Argentina wins "massive" bondholder support to restructure overseas debt, exchanging 99% of debt held under international law.
BLOOMBERG Guzmán says Argentina must work to cut bond yields 04-09-2020 17:53 Country must reduce its bond yields before returning to international capital markets in a process that will likely take some time, says Economy Minister Martín Guzmán in interview.
BLOOMBERG Investors welcome debt deal amid grim economic outlook 31-08-2020 22:54 Investors are caught between relief over Argentina’s debt deal and concern over the grim economic reality facing the country.
DEBT RESTRUCTURING Guzmán confirms 99% of overseas debt restructured in swap 31-08-2020 17:52 Argentina wins "massive" bondholder support to restructure overseas debt, exchanging 99% of debt held under international law.
DEBT RESTRUCTURING Creditors reiterate support for debt swap 22-08-2020 10:05 Ad Hoc Group of Argentina Exchange Bondholders says members will be entering Argentina’s debt swap proposal to the tune of almost US$5 billion on Monday.
DEBT RESTRUCTURING Creditors reiterate support for Argentina’s debt restructuring offer 18-08-2020 16:08 Two of three main bondholder groups confirm they will accede to revised proposal, which was filed with the US Securities and Exchange Commission on Monday.
DEBT RESTRUCTURING Government files official debt offer with SEC, extends deadline 17-08-2020 14:50 Amended debt restructuring offer filed with US Securities and Exchange Commission, extending deadline for investors to accept until August 28.
BLOOMBERG Argentina’s creditors will get better debt deals from provinces 14-08-2020 15:16 National government’s debt restructuring accord was a benchmark, setting a minimum, not a maximum for what investors can expect.
BLOOMBERG - OPINION For Argentina, reaching a debt deal was the easy part 10-08-2020 15:50 Many analysts foresee the IMF agreeing to reschedule the loan to its biggest debtor. Nonetheless, the Fund’s imprimatur will come with conditions. by Mac Margolis
TIMELINE How Argentina and its creditors reached a deal 08-08-2020 09:43 Agreement with bondholders brings months of negotiations to an end. Here’s how we got here.
DEBT, DEFAULT. DEAL Goodbye default my old friend 08-08-2020 08:44 The ultimate question is if this agreement will spare Argentina the ordeal of holdout bondholders – Guzmán will have conjured a miracle if there are none to worry about once this deal is done. by Martín Gambarotta
BLOOMBERG Government seeks to reach new IMF agreement before April 07-08-2020 00:49 Government seeks deal with the International Monetary Fund over a new financing programme before the end of March, in order to renegotiate US$2-billion payment owed to the Paris Club that matures in May.
DEBT RESTRUCTURING DEAL Support – and silence – from opposition economists in wake of debt deal 05-08-2020 00:31 Luis Caputo the most effusive in celebrating the government's deal with creditors, while Hernán Lacunza and Lucas Llach also express support. Alfonso Prat-Gay, the former official who was most critical of the deal, leads the criticism. by Andrés Fidanza
DEBT RESTRUCTURING Creditors 'pleased' with 'preliminary agreement' on debt restructuring 04-08-2020 23:43 IMF chief Kristalina Georgieva welcomes debt deal reached by Argentina and its creditors as a "very significant step."
DEBT RESTRUCTURING Economists praise debt deal but warn challenges on horizon 04-08-2020 18:38 Experts welcome government's agreement with creditors, but warn that Argentina must now correct imbalances and other issues.
DEBT RESTRUCTURING 'We resolved an impossible debt,' declares delighted Fernández 04-08-2020 14:19 President Alberto Fernández hails government after officials confirm Argentina has reached an agreement with three major creditors over restructuring of US$66-billion debt.
DEBT DEAL AGREED Government hails ‘significant debt relief’ in accord with creditors 04-08-2020 09:44 Deal involves the Ad Hoc, Argentina Creditor Committee and Exchange Bondholder groups, as well as "certain other significant holders," Economy Ministry confirms in a statement.
DEBT RESTRUCTURING Argentina reaches US$65-billion debt restructuring deal with creditors 04-08-2020 08:59 Government says in a statement that deal with key creditors would provide “significant debt relief.” While it statement didn’t provide a net-present value for the agreement, sources say the deal is worth about 54.8 cents on the dollar.
BLOOMBERG Argentina, creditors inch closer on US$65-billion debt deal 03-08-2020 17:47 The sides have moved closer over the weekend and are discussing a deal where creditors would receive about 54.8 cents on the dollar, according to three people with direct knowledge of the talks.
DEBT RESTRUCTURING Ecuador wins bondholders’ approval for debt restructuring 03-08-2020 15:26 Creditors vote in favour of a restructuring plan for US$17.4 billion of debt that will see the South American country's capital and interest payments reduced.
BLOOMBERG Creditors seek international backing on debt clauses 02-08-2020 17:01 Bondholders approach several international organisations, including IMF and US Treasury, to seek endorsement for a proposal to change the rules that govern some of the country’s overseas securities.
DEBT RESTRUCTURING Guzmán hints at deadline extension for debt talks with creditors 01-08-2020 09:42 Economy minister says government is “assessing all options,” with talks at an impasse as August 4 deadline nears.
DEBT RESTRUCTURING Government to seek new IMF plan, regardless of outcome of debt talks 28-07-2020 14:43 Argentina will seek a new programme with the IMF whatever the outcome of talks with bondholders, says Economy minister Martín Guzmán.
DEBT RESTRUCTURING Creditors once again reject government's debt restructuring offer 28-07-2020 14:36 In a letter sent to Economy Minister Martín Guzmán, signed by 30 funds, main bondholder groups reiterate rejection of deal on table and say they hold veto power over any agreement.
BLOOMBERG Argentina's creditors boost bargaining power with new funds 27-07-2020 23:21 Main bondholder groups now say they represent 50% of Argentina's overseas debt, potentially strengthening their bargaining power against the government.
PROFILE Guzmán takes on Wall Street 25-07-2020 08:01 Argentina’s Stiglitz-groomed debt chief has taken on a task many would have turned down. And as talks with bondholders enter a crucial stage, the stakes are higher than ever.