Buenos Aires struggles to strike deal on Argentina restructuring flashpoint

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Buenos Aires struggles to strike deal on Argentina restructuring flashpoint

Argentina, Puerto Madero, Raghsa, Buenos Aires, LatAm
Night view at the waterfront in Puerto Madero, Buenos Aires | KATSUYOSHI TANAKA/readytogo - Fotolia

Bankers and investors say that the Province of Buenos Aires is facing difficulties in persuading 75% of bondholders to support a two month delay in debt payments, prompting the government to offer a sweetener in the shape of advance interest payments.

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