Macroeconomy/Finance

Guzmán meets in N.Y. with banks and investment funds bondholders

Argentina Minister of Economy Martín Guzmán, meets today in New York with representatives of banks and investment funds holding sovereign bonds regulated under foreign law. The meeting follows another held yesterday in Washington with the Deputy Director of the Western Hemisphere Department of the International Monetary Fund (IMF), Julie Kozack, and the head of the Argentine mission, the Venezuelan Luis Cubeddu, both members of the technical mission that visited Buenos Aires last week. Argentina has just received support from the IMF and the main G20 countries to negotiate a “sustainable” payment of $195bn of its $311bn debt.

Source: Infobae