05-07-2020 21:20 via news.yahoo.com

Argentina sweetens debt revamp offer to creditors; sets August 4 deadline

Argentina's government unveiled an amended debt restructuring proposal on Sunday and set a deadline of Aug. 4 for creditors to accept it, adding some key sweeteners as it looks to defuse recent tensions with bondholders and strike a deal.The new proposal https://www.argentina.gob.ar/sites/default/files/anexo-05-07-2020.pdf, which comes after talks to revamp around $65 billion in foreign debt stalled last month, would reduce principal haircuts, increase coupons and include a bond to account for a
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