Buenos Aires struggles to strike deal on Argentina restructuring flashpoint

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Buenos Aires struggles to strike deal on Argentina restructuring flashpoint

Argentina, Puerto Madero, Raghsa, Buenos Aires, LatAm

Bankers and investors say that the Province of Buenos Aires is facing difficulties in persuading 75% of bondholders to support a two month delay in debt payments, prompting the government to offer a sweetener in the shape of advance interest payments.

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