Buenos Aires province gains ground in restructuring talks

Buenos Aires province gains ground in restructuring talks

Corporate & Sovereign Strategy Bonds Debt Fixed Income Asset Management Latin America South America Argentina

After more than a year of negotiations to restructure $7.15 billion in foreign debts, Buenos Aires province said talks with a major creditor have raised expectations that a deal could be reached. Argentina's largest province said the recent talks with New York-based GoldenTree Asset Management, one of its largest creditors, have brought about "conditions in terms of overall debt service and maturity" that Buenos Aires could consider "meaningful for the purpose of continuing discussions on a rest

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