Argentina seeks maturity extensions

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Argentina seeks maturity extensions

Hernan Lacunza, Argentina, Mauricio Macri, finance minister, LatAm, restructuring
August 20, 2019, Buenos Aires, Buenos Aires, Argentina: Hernan Lacunza assumes as new Minister of Economy after the resignation of Nicolas Dujovne in the midst of the crisis. (Credit Image: © Claudio Santisteban/ZUMA Wire) | Claudio Santisteban/Zuma Press/PA Images

After three further days of turmoil for Argentine bonds this week, finance minister Hernán Lacunza said after Wednesday’s market close that the government would ask bondholders to voluntarily extend debt maturities in an effort to dissipate concerns over a possible default.

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