Argentina's creditors brace for tough restructuring talks

Argentina's creditors brace for tough restructuring talks

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Funds Regulation Politics Argentina US

Argentina's creditors could face a haircut in what are expected to be tough negotiations to restructure more than $100 billion in debt, analysts said after Economy Minister Martín Guzmán indicated that bondholders may be upset by what he is preparing to offer them. "It is clear that there will be frustration on the part of bondholders," Guzmán said late Wednesday in a congressional hearing that ran for more than an hour. As Argentina aims to restructure its external debt by March 31, Guzmán call

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