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.
