March deadline looms large for Arg as BA offers sweetener

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March deadline looms large for Arg as BA offers sweetener

Argentina, Axel Kicillof, restructuring, LatAm, default, Alberto Fernandez, Peronismo
Axel Kicillof waves to supporters at the ''Frente de Todos'' party headquarters during the Simultaneous and Mandatory Open Primaries (PASO) on August 12, 2019, in Buenos Aires, Argentina. (Photo by Matias Baglietto/NurPhoto) | Matías Baglietto/NurPhoto/PA Images

Buenos Aires Province has offered more incentives to bondholders to encourage them to accept a three-month delay of a small debt payment. The move makes the Argentine sovereign’s aim to restructure all its external debt by March 31 as ambitious.

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