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Emerging MarketsEM LatAm

Argentina nears new offer as creditors respond to IMF

Argentina, Alberto Fernandez, coronavirus, tapabocas, facemask, restructuring, LatAm, 575

Argentina said on Monday evening that a new proposal to creditors was imminent after the government again extended the participation deadline in its restructuring. Optimism continues to grow over the chances of an agreement — even as an IMF statement on the process triggered forthright responses from bondholders.

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