A general view of a street linking to 9 de Julio Avenue is seen with cars as Argentina extends the curfew till 24th of May, imposed since 20th of March, in an effort to stem the spread of the coronavirus (COVID-19) pandemic in Buenos Aires, Argentina on May 21, 2020.
Muhammed Emin Canik | Anadolu Agency via Getty Images
Argentina’s government announced early Tuesday morning it had reached a deal with creditors to restructure $65 billion in sovereign debt, drawing a close to months of negotiations rife with gridlock and disagreement.
The country’s existing euro bonds rose by as much as 3 cents on the news, building on gains in the previous session on anticipation of an agreement.
Three creditor groups the Ad Hoc Group of Argent…
Read the full article at: https://www.cnbc.com/2020/08/04/argentina-clinches-deal-with-creditors-to-restructure-65-billion-debt-bonds-rise.html
