Buenos Aires extends exchange deadline for 14th time but success still unlikely

Province of Buenos Aires, PBA, Argentina, cathedral, LatAm
By Oliver West
30 Mar 2021

Argentina’s largest province, Buenos Aires, has extended the expiry date on its debt exchange for the 14th time. But unless the province makes important improvements to the terms, the offer has no chance of success.

The Province of Buenos Aires on Monday pushed out the participation deadline in its exchange offer from March 26 to 5pm CET on April 23. Also for the 14th time, the provincial government failed to amend the offer even though it was resoundingly rejected shortly after launch back ...

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