September 30, 2020 |
Tecpetrol, the third-largest natural gas producer in Argentina, said it did not make $44.7 million in loan payments on time, its third missed payment since the central bank tightened access to dollars earlier this year.
The company said it owed $15 million on a loan that matured on Monday plus $29.7 million in principal due the same day, both to its Uruguay-based parent Tecpetrol International. But when Argentina's central bank did not give it authorization to buy dollars, the company said it wa
Argentine gas producer has not made three installments since the government tightened access to dollars