Argentina hires Lazard, HSBC and Bank of America to restructure $100bn debt

Argentina’s government said on Sunday it had hired Lazard as financial advisor and Bank of America and HSBC as debt placement agents for the debt restructuring process it hopes to close by the end of March. In a brief statement the Finance Ministry limited itself to disclosing the names of the financial institutions that will be intermediaries for the restructuring of close to $100 billion in public debt.

Source: New York Times

Categories: Macroeconomy/Finance