Argentina Discusses Raising $1 Billion Through Santander
- Milei government to use funds for January debt payments
- Transaction would take form of government repurchase agreement
Repos are commonly used to raise short-term capital.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Argentina’s government is in talks with Banco Santander SA for a potential $1 billion loan, part of President Javier Milei’s move to secure cash ahead of a January debt payment, according to people familiar with the matter.
Santander would act as the manager of a special purchase vehicle in the deal, which would take the form of a repurchase agreement, said the people, who asked not be named because discussions are private.