Economy & Policy Coronavirus Politics
Health, education, infrastructure and tax deficits are undermining the region's response to the pandemic, secretary-general says
Asset Management Bonds Debt
Economy minister calls for creditors to submit counteroffers by May 22, raising expectations that a standby agreement can be reached
Bonds Debt Capital Markets
Province continues with restructuring talks, but risks triggering an acceleration clause on its dollar bonds
Province responds by asking creditors for a "plausible" counteroffer
Economy & Policy Corporate & Sovereign Strategy Loans
Central Bank says it will use an IMF credit line to underpin the banking sector during the coronavirus pandemic
Coronavirus Bonds Loans
Argentina's largest province submits bill to raise funds from multilateral lenders and sell peso-denominated bonds
Bonds Asset Management Debt
Federal government says it is open to hearing alternatives as it delays the due date by two weeks
Central American country faces "uncertain prospects" for economic growth and borrowing costs after the outbreak, rating agency says
Gov. Kicillof is seen as taking a more moderate approach with bondholders, but success depends on the federal government's restructuring
Bondholders' rejection could push Argentina's biggest province to default as soon as May 11
Creditors call on the province to abandon its "unilateral stance" in restructuring proposal
Argentina's largest province throws in a sweetener with interest-only bonds in a $7.15 bln restructuring proposal
Federal government asks bondholders to exchange $65 bln in outstanding notes by May 8 in its restructuring offer
Argentina's largest province is likely to ask for a long grace period and discounts on $7.15 bln in debt
Analysts say bondholders may reject the proposal, but add there is still leeway for negotiations