Argentina has extended the deadline for its exchange offer again, this time to 2 June, according to a statement overnight by the ministry of finance. The country is also expected to miss US$500mn in bond payments due today as the grace peri...

Bondholder groups submitted their various counter proposals to the Argentine government late on Friday (15 May), in a coordinated response, ahead of the 22 May twin deadline for the government's exchange offer and the expiry of the grace period f...

Argentina announced the launch of its exchange offer on Tuesday (21 April), pressing ahead despite the proposal being rejected by its major bondholders. The financial terms are unchanged from those the government announced on Friday (see&nb...

Argentina presented the proposed terms for restructuring its foreign bonds on Friday. The proposal is subject to regulatory approval. The final financial terms are broadly consistent with the partial terms that the government revealed on Thursday (se...

Definition of insanity: "Doing the same thing over and over again, and expecting a different result".Argentina presented its long awaited bond swap offer yesterday (see our preview flash). However, it only presented half of it, announcing s...

According to local reports, Argentina is due to present its bond offer today (although we can never take anything for granted with Argentina). While we await the details, reports suggest the terms will be harsh. The government may be using the econom...