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Emerging MarketsEM LatAm

Province of Buenos Aires extends restructuring deadline yet again

Province of Buenos Aires, PBA, Argentina, cathedral, LatAm

The Province of Buenos Aires has extended the participation deadline for its proposed restructuring for the 21st time — dashing the hopes of some analysts who had thought the deal could be wrapped by the previous target of August 13, even though the issuer’s largest bondholder has backed the deal.

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