Argentina extends debt negotiating deadline, could sweeten deal

Argentina extends debt negotiating deadline, could sweeten deal

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

Argentina late on Monday said in a statement that it has extended the deadline for debt negotiations with its creditors by 10 days to June 12, adding that there is potential for it to improve an offer already rejected by bondholders while maintaining its debt sustainability goals. The International Monetary Fund (IMF) had earlier come out in support of Argentina's revised proposal to restructure $66 billion in external bonds, saying it has a "high probability" of restoring the country's debt to

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