News of negotiation

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

Argentina's joust with bondholders likely to drag on beyond Friday

07-05-2020 12:43 Battle of attrition between Argentina and international creditors over restructuring US$65 billion in debt is likely to continue unabated past a Friday deadline, analysts say.

Economist Jeffrey Sachs praises Argentina's debt offer, says offer is ‘realistic’

29-04-2020 13:19 Argentina's offer to foreign creditors is "intelligent, balanced and realistic," according to economist and Columbia University professor Jeffrey Sachs.

Mercosur talks complicated by Argentina's decision, says Paraguay

27-04-2020 12:59 With surprise on the part of the authorities and criticism from the industrial sector about the effectiveness of the economic integration project, the announcement by Argentina to abandon the negotiations being carried out by Mercosur was received in Paraguay.

Unofficial exchange rate slumps as printing presses warm up

14-04-2020 15:51 Argentina's unofficial exchange rate dropped on Monday after President Alberto Fernandez indicated the country may be preparing to turn on the printing presses to revive the economy.

Trump’s oil deal: the inside story of how a price war ended

13-04-2020 16:13 After a week-long marathon of calls between world leaders and video conferences featuring dozens of energy ministers, this is how the 2020 oil price war was finally ended.

Argentina’s largest peso swap in a decade may lead to new snub

18-03-2020 18:08 Analysts warn that Argentina's largest peso-denominated debt swap since 2005 may not attract sufficient investor support.

Pandemic poses perfect storm scenario for Argentine debt

16-03-2020 08:05 The global downturn, and the crisis caused by the coronavirus, could yet strangely benefit Argentina, according to some economists.

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.

Argentina contracts Bank of America, HSBC & Lazard for debt talks

02-03-2020 17:17 Argentina hired Bank of America, HSBC to become its placement agents of the debt restructuring and engaged Lazard in order to be its financial advisor, according to a statement from Economy Minister published on Sunday.

Guzmán’s long March

29-02-2020 08:56 Argentina’s president is trying to sort out the country’s debt problems politically. Still, in the end, it will all be about money – the success of the ‘gently does it’ approach hinges on the bondholders accepting a considerable haircut.

by Martín Gambarotta

Fernández praises Guzmán as IMF confirms team will visit next week

28-02-2020 13:52 International Monetary Fund confirms it will send a mission team to Buenos Aires again next week to continue auditing public accounts.

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

Famed economist concerned Argentina is on road to 'total default'

20-02-2020 09:00 Economists, including respected Turkish academic Nouriel Roubini, warn that Argentina's lack of credibility and a coherent economic plan may mean negotiations with IMF end up fruitless.

Máximo Kirchner emerges from shadows to play key role for government

22-01-2020 09:00 42-year-old national lawmaker is increasingly comfortable with Peronism's return to power and is emerging out of the shadows, positioning himself as a "builder" of consensus.

by Rosario Ayerdi