Buenos Aires Province Extends US$7 Billion Debt Deal Deadline to January 4th

The extension comes as the latest deadline came and went on Friday without an agreement with its creditors.

RIO DE JANEIRO, BRAZIL - Argentina’s Buenos Aires province has extended an already-delayed deadline to January 4th for bondholders to agree a deal to restructure some US$7 billion in foreign debt, the local government said in a statement late on Monday, December 7th.

The extension comes as the latest deadline came and went on Friday without an agreement with its creditors.

“The Ministry of Finance will continue to dialogue in good faith with external private creditors,” the district said in the statement announcing the extension on its website. It said its goal was “the sustainability of the provincial . . .

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