Argentina Economy Minister Luis Caputo is negotiating with international banks for a $2.8b loan to make debt payments due January 2025, Infobae reported citing high-ranking officials it did not name.
- Financing would entail a Repo operation whereby a consortium of banks would make the loan directly to the Treasury, with local notes given to lenders as guarantee, according to Infobae
- President Javier Milei said over the weekend that his government would make the 2025 debt payments by any means necessary, Infobae said citing an interview with Neura Radio
- NOTE:
Argentina Allows Banks to Buy up to $300M of Buenos Aires ...
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