Macroeconomy/Finance

Argentina requests approval for first tranche debt restructuring offer for $30.5 bn

The Ministry of Economy requested authorization from the U.S. Securities and Exchange Commission (SEC) to publicly offer the first tranche of Argentina’s debt, for the restructuring issued under foreign law of $30.5 billion, through Resolution 130/2020 published today in the Official Gazette. The total proposed restructuring is almost $69 billion.

Source: Ámbito

Categories: Macroeconomy/Finance