DEBT TALKS Paris Club requires Argentina stick to IMF deal to rework debt 07-07-2022 14:20 Paris Club group of wealthy creditors says government must give assurances that it will comply with IMF deal if talks over restructuring of debt are to continue.
DEBT RESTRUCTURING Argentina formalises debt repayment deferment with Paris Club 31-05-2022 13:07 President Alberto Fernández's government reaches a deal with the Paris Club to postpone payments on more than US$2 billion of debt for more than two years.
BLOOMBERG Argentina’s US$44-billion debt plan remains unchanged despite shocks, IMF says 26-04-2022 17:19 Targets in recently minted US$44-billion agreement will remain unchanged even as some assumptions of the programme may be revised, says IMF Western Hemisphere Director Ilan Goldfajn.
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 RESTRUCTURING Argentina to resume Paris Club talks over US$2-billion debt 22-03-2022 15:50 Argentina is resuming negotiations this week with a wealthy group of nations known as the Paris Club over US$2 billion in outstanding debt as a grace period ends.
INTERVIEW / PERIODISMO PURO Federico Sturzenegger: ‘Once the Central Bank is independent, the planets align’ 10-03-2022 15:50 Economist Federico Sturzenegger on his time leading the Central Bank, Economy Minister Martín Guzmán and Argentina’s IMF debt deals in 2018 and 2022. by Jorge Fontevecchia
IMF DEBT TALKS IMF debt deal: The roots of Argentina's economic crisis 28-01-2022 22:05 Argentina, which has been battling a deep economic crisis since 2018, has unveiled a new debt repayment deal with the International Monetary Fund.
IMF DEBT TALKS Government and opposition at loggerheads over IMF deal 18-01-2022 16:57 Meeting between government and opposition to discuss talks to restructure multi-billion-dollar debt with the International Monetary Fund fall through, casting doubt over bipartisan support for deal.
ELECTIONS 2021: ANALYSIS How to freak out the IMF, an Argentine story 20-11-2021 11:55 It is difficult to fathom an IMF that will ink a deal with a nation that upholds dual exchange rates, price controls, relentless monetary expansion, and massive energy and utility subsidies in the context of perpetual deficits and extremely high inflation. by Agustino Fontevecchia
IMF DEBT TALKS Argentina ‘will not go down on its knees’ before the IMF, says president 29-10-2021 02:22 President Alberto Fernández ramps up rhetoric against International Monetary Fund as he heads tributes to the late Néstor Kirchner on the 11th anniversary of the former head of state’s death.
BLOOMBERG Buenos Aires Province to restructure 98% of bonds in debt deal 30-08-2021 16:04 Deal caps Argentina’s most recent round of debt restructurings, after nearly every province reached deals with bondholders over the past 12 months and the national government restructured its own US$65 billion in securities a year ago.
DEBT RESTRUCTURING Buenos Aires Province: Debt swap has 90% support from creditors 26-08-2021 13:37 La Plata says it has reached an agreement with 90% of creditors to restructure more than US$7 billion of foreign debt, paving the way for region to exit default after 16 months.
IMF DEBT TALKS Guzmán discusses IMF debt With US Treasury Secretary Yellen during G20 meeting 10-07-2021 18:53 Economy Minister Martín Guzmán says he had a “valuable” discussion about IMF debt with US Treasury Secretary Janet Yellen.
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.
Bloomberg Provinces prep inflation-linked bonds forbidden by law 21-05-2021 11:57 Provincial governments, desperate for financing and excluded from international debt markets after defaulting on payments of US$13 billion, are looking for new ways to raise funds in the local bond market.
IMF DEBT TALKS President Fernández holds 'positive' talks with IMF chief in Rome 14-05-2021 14:16 President Alberto Fernández said Friday he was hoping to renegotiate Argentina's debt "as quickly as possible," after talks with the head of the International Monetary Fund (IMF) in Rome.
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.
Economy Minister interview Argentina has 'valuable support' from European nations for IMF debt talks 19-04-2021 13:44 Economy Minister says that Argentina is making "progress" in its debt restructuring talks with the International Monetary Fund and that the country is receiving “valuable support” from European leaders.
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 RELIEF Mexico, Argentina urge debt relief for middle-income nations 08-04-2021 11:36 Mexico and Argentina call for international debt relief for middle-income countries home to many of the people pushed into extreme poverty by the coronavirus pandemic; IMF open to doing more to support nations hit hard by virus crisis.
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.
BLOOMBERG IMF sees upside in delaying Argentina deal after October 11-03-2021 14:08 IMF officials see some benefit in delaying a US$45-billion agreement with Argentina after the October midterms, with talks yielding little progress six months after they began.
BLOOMBERG As IMF talks bog down, Argentine bonds plunge toward 30 cents 08-03-2021 13:51 Six months after Argentina exited default, its new bonds have sunk to a mere 30 cents on the dollar.
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 IMF’s woes in Latin America set to grow after Ecuador vote 09-02-2021 17:01 IMF risks having to renegotiate its second multi-billion dollar loan in Latin America in as many years following Ecuador’s presidential election.
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.
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 IMF sounds debt warning as it offers rethink on restructurings 01-10-2020 15:17 IMF sounds a warning over rising global debt levels and proposed reforms to the debt-restructuring process for countries that struggle to meet their obligations.
Bloomberg Mendoza Province said to win majority support for debt swap 22-09-2020 18:02 Mendoza set to become first provincial government to successfully reach a deal to restructure its own foreign debt, following in footsteps of national government.
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.
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 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.
BLOOMBERG Bond traders are already betting on Argentina’s next default 18-08-2020 10:58 In the next few weeks, officials will put the finishing touches on a bond restructuring deal and bring an end to the ninth default in the country’s history. Bond traders are already bracing for the 10th...
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.
IMF DEBT RESTRUCTURING Argentina will not accept any conditions from IMF, warns Fernández 11-08-2020 22:06 President Alberto Fernández says he will not allow the IMF to impose austerity measures on Argentina as part of a new financing programme.