Argentina Agrees on Debt Restructuring With Major Creditors - Economy Ministry
Argentina has reached an agreement with key private creditors on restructuring its debt, which will help prevent a default, the Economy Ministry said Tuesday
BUENOS AIRES (Pakistan Point News / Sputnik - 04th August, 2020) Argentina has reached an agreement with key private creditors on restructuring its debt, which will help prevent a default, the Economy Ministry said Tuesday.
"Argentina and representatives of the Ad Hoc Argentine Bondholder Group, the Argentina Creditor Committee, and Exchange Bondholder Group, .
... have come to an agreement that will allow the members of these three groups to support a proposal on restructuring of Argentina's debt and significantly lighten the debt itself," the statement of the ministry said.