Support Request from Argentina's Creditor

Support Request from Argentina's Creditor

Support requests came from Argentina's creditors. The country's creditors informally seek support from international institutions such as the IMF, the US Treasury and the ICMA. Support requests came from Argentina's creditors. According to the information obtained from sources close to the subject, Argentina's creditors met with various international institutions in order to find support for the proposal to amend some of the rules related to some foreign securities. The International Monetary Fund (IMF), the U.S. Treasury and the International Capital Markets Association (ICMA) are among the institutions that lenders to the Latin American country seek informal support. The lenders, who made statements on the subject, expect that Economy Minister Martin Guzman will affect international aid in completing the legal gaps and accepting changes that will increase the rights of the holders issued in 2016 and beyond. Among the largest lenders are Blackrock Inc., Ashmore Plc and Fidelity Management and Research Co. takes place.