November 11, 2020 |
Neuquén, the most productive oil and natural gas province in Argentina, has again extended its restructuring offer for $694 million in two cross-border bonds, giving creditors four more days to decide.
Holders of $366 million in 7.5% 2025 bonds and the remaining $328 million of $350 million in 8.625% 2028 bonds have until Friday to accept the offer, Economy Minister Guillermo Pons said in a statement on Monday.
Pons did not provide reasons for giving bondholders more time.
The southwestern provi
Argentine province says it wants to wrap up a restructuring deal by Friday