News of credit

POST-PASO TURBULENCE

IMF in talks with Argentina, will send team to Buenos Aires 'soon'

Yesterday 12:32 Fund says it is continuing discussions with Argentina and will send a mission to Buenos Aires in the near future, as newly-installed Finance Minister Hernán Lacunza vows to stabilise currency.

Black monday

Country risk soars, traders dump assets as fears of Argentina default loom

13-08-2019 12:56 The implied probability of an Argentine default over the next five years skyrocketed after Sunday’s shocking blow to President Mauricio Macri’s election campaign.

BLOOMBERG

Moody’s puts Argentina on negative outlook on uncertainty

15-07-2019 08:34 Ratings company shifts outlook from stable to negative, citing rising uncertainty about economic policy and risk of additional “damaging currency shocks.”

IMF LOAN

IMF reaches agreement with government to release US$5.4-billion loan tranche

05-07-2019 14:51 Fund's board must approve the fourth review of the country's performance under the before Macri administration will have access to the funds. The board meeting is set for July 12.

YPF-Repsol

“Vulture” fund gains upper hand as US Supreme Court rejects Argentina

24-06-2019 18:29 The US high court rejected taking up the appeals of Argentina and YPF clearing the way for a shareholder lawsuit to go forward over the 2012 nationalisation of the company.