News of haircut

Guzmán warns disappointed creditors that debt offer ‘is what it is’

21-04-2020 23:43 As creditor groups reject government's proposal, economy minister warns debt restructuring offer presented to bondholders is the only one on the table and reiterates that no payments are possible before 2023.

BLOOMBERG

Argentina seeks to cut foreign bond interest payments by 62%

16-04-2020 17:40 Investors are being asked to accept a three-year moratorium on payments and a 62 percent haircut on the interest they’re owed, Economy Minister Martín Guzmán told reporters.

bloomberg

Ecuador lawmakers call for debt moratorium amid virus fight

23-03-2020 18:31 Ecuador’s Congress called on the government to suspend debt payments to free up cash to deal with the coronavirus pandemic, sending the nation’s bonds deeper into distressed territory.

Debt talks

Argentina hires Morrow Sodali as it asks bondholders to come forward

04-03-2020 12:26 Government recruits leading banks to help restructure debt. On Tuesday, New York-based firm Morrow Sodali was contracted to help identify bondholders.

Bloomberg

Alberto Fernández says debt deal must be 'sustainable'

02-03-2020 13:12 President emphasises in speech to Congress that “the most important thing is that the deal we reach with creditors is sustainable.”

DEBT NEGOTIATION

Guzmán heads home after meeting bondholders in United States

27-02-2020 07:00 Economy minister flies back to Buenos Aires after meeting with Argentina's creditors and officials from IMF in United States, as debt restructuring talks continue.

DEBT NEGOTIATIONS

20%? 35%? Analysts ponder what's an acceptable haircut for bondholders

27-02-2020 07:00 The IMF's support for the government last week won't convince bondholders to accept a larger haircut of Argentina's debt than initially foreseen, according to analysts.

by Mirta Fernandez

BLOOMBERG - OPINION

Eduardo Levy-Yeyati: Argentina's narrow path to common ground

01-11-2019 07:30 Economist and author Eduardo Levy-Yeyati says Alberto Fernández has a chance to fix Argentina's deep-seated economic problems — if he acts quickly.