Argentina’s Guzman Rules Out Changes to Latest Debt Offer
- On partial exchange, he said ‘all alternatives’ available
- The government also seeks deals with the IMF, Paris Club
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Argentina’s bondholders shouldn’t expect any more improvements or changes to the country’s debt restructuring proposal, Economy Minister Martin Guzman said.
The government sees no room for further modifications on an amended offer released Sunday night, part of Argentina’s bid to restructure $65 billion of debt. The proposal gives bondholders about $13 billion more than its initial plan announced in April.