Business »  Topic »  Argentina, creditors get ready to resume debt talks after ninth sovereign default

Argentina, creditors get ready to resume debt talks after ninth sovereign default


BUENOS AIRES (Reuters) - A major Argentina creditor group said on Saturday it had been invited to sign a non-disclosure agreement by Argentina’s government, signaling that talks could be moving to the next phase after the South American country defaulted a day earlier.

The Exchange Bondholder Group, which comprises 18 investment institutions and represents 15% of Argentina’s exchange bonds, said in a statement that Argentina approached its representatives and other creditor groups about signing a non-disclosure agreement “in contemplation of engaging in negotiations with the Ministry of Economy.”

It is common during debt restructurings for creditor committees to agree ...


Read the full text reuters