PBA to pay bond to keep Arg restructuring on fast track

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PBA to pay bond to keep Arg restructuring on fast track

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

The Province of Buenos Aires agreed to make an overdue bond payment on Tuesday afternoon to dodge default by just one day, as analysts said Argentina had to avoid creditor conflict to meet a tight deadline to restructure its sovereign debt.

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