Wall Street Is Skeptical Argentina Can Meet March 31 Debt Timeline

  • Government sets timetable for talks with bondholders
  • South American nation has total debt north of $300 billion

Alberto Fernandez

Photographer: Alejandro Cegarra/Bloomberg
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Argentina’s March 31 deadline to wrap up talks with bondholders is increasingly looking like a long shot.

President Alberto Fernandez’s government gave itself just two months to collect ideas, host the International Monetary Fund and finalize an offer with its creditors as the country stares down a total debt load of more than $300 billion. Analysts doubt there will be enough time.