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

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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