PBA's last-gasp offer prompts bondholder PDA

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PBA's last-gasp offer prompts bondholder PDA

Province of Buenos Aires, PBA, Argentina, cathedral, LatAm
La Plata Cathedral and Plaza Moreno Fountain - La Plata, Buenos Aires Province, Argentina | diegograndi - stock.adobe.com

A group of Province of Buenos Aires creditors immediately backed the issuer after it significantly sweetened the terms on offer to bondholders in an attempt to dodge a default that could be just two days away.

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