Argentina’s new bond offer gets praise, big guns stay silent – ZAWYA

  • Date: 07-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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Argentina’s new bond offer gets praise, big guns stay silent – ZAWYA

Argentina's new bond offer gets praise, big guns stay silent | ZAWYA MENA Edition HomeMarketsCurrenciesArticleArgentina's new bond offer gets praise, big guns stay silent Argentina's government laid out an improved offer on Sunday that increased the amount creditors will receive    LONDON- Argentina's new offer to bondholders got a tentative thumbs up from investors as they digested the details on Monday, though there was no sign yet of whether it would gain the blessing of the biggest bloc of creditors.Argentina's government laid out an improved offer on Sunday that increased the amount creditors will receive, shortened the time before they get paid and made some changes in other key areas that had become a source of tension.Two prominent funds, Gramercy and FinTech, came out within hours saying they would back the deal.Argentina's government laid out an improved offer on Sunday that increased the amount creditors will receive, shortened the time before they get paid and made some changes in other key areas that had become a source of tension.LONDON- Argentina's new offer to bondholders got a tentative thumbs up from investors as they digested the details on Monday, though there was no sign yet of whether it would gain the