Macroeconomy/Finance

S&P downgrades two Argentine bonds from “CC” to “D

On Tuesday, the rating agency S&P downgraded two Argentine foreign currency bonds to “D” from “CC”. On Saturday, the country did not make the payment of interest for $228 million, corresponding to the two bonds maturing in January 2028 and January 2048 in foreign currency and under international legislation.

Source: Ámbito

Categories: Macroeconomy/Finance