E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/15/2020 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

S&P cuts Buenos Aires Province

S&P said it downgraded Buenos Aires Province to CC from CCC after it announced it will delay the Jan. 26 amortization payment on its 2021 bond.

The province is soliciting the consent of bondholders to amend the terms and conditions of its 2021 bond and delay this payment until May 1.

The outlook is negative.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.