Argentina proposed creditors a withdrawal of 62%

They will try to change the structure of the debt, with a grace period of three years to begin paying from 2023; at an interest rate of 0.5%, which would grow to sustainable levels; a capital removal of $3.6 billion, 5.4% on the stock owed and a reduction of interest payments of $37.9 billion, equivalent to a withdrawal of 62%.

Source: Ámbito