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Emerging MarketsEM LatAm

Córdoba ups offers as Río Negro seals deal

Argentina, Córdoba, Cordoba, province, cathedral, Latam, restructuring, 575

Argentina’s second largest provincial issuer, Córdoba, improved its consent solicitation to bondholders on Thursday, increasing proposed coupon payments. The offer comes as Argentine provincial debt talks gain momentum, but Córdoba is still some way off its bondholder group’s latest proposal — though the creditor committee has not yet reacted to the improved offer.

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