(C) Reuters. Argentine Economy Minister Martin Guzman gestures during an interview with Reuters, in Buenos Aires
BUENOS AIRES (Reuters) – Argentina has not received a new counter-proposal from bondholders since rejecting one earlier in its debt restructuring negotiations, Economy Minister Martin Guzman said in a virtual conference on Friday.
Argentina is working to strike a deal to restructure $65 billion in foreign debt by May 22 after an initial deadline passed without a pact.
Bondholders have not submitted new counterproposal since Argentina rejected one: Guzman
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