LatAm Letter: A sliver of hope?
LatAm bond bankers are searching out reasons to be cheerful
Source: globalcapital.com
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Shale Driller Stuns Bondholders as Argentina Runs Out of Dollars
Shale Driller Stuns Bondholders as Argentina Runs Out of Dollars Scott Squires and Jonathan Gilbert, Bloomberg News BC-Shale-Driller-Stuns-Bondholders-as-Argentina-Runs-Out-of-Dollars , Scott Squires and Jonathan Gilbert (Bloomberg) -- In the 99 years since it was founded to pump the oil fields of Patagonia, Argentine energy driller YPF SA has been whipsawed by countless booms and busts. If global oil markets werenât collapsing, it seemed, then Argentina was mired in a debt crisis that was wreaking havoc on the whole nationâs finan...
Source: bnnbloomberg.ca
Argentine Central Bank's Sudden Dollar Shortage Sparks Fears Of Mass Corporate Credit Crisis
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Vaca Muerta Driller Needs to Make Deal with Creditors
Dollars are now so scarce in Buenos Aires that the central bank refused to let YPF buy the full amount it needed to pay notes coming due in March.
Source: rigzone.com
Shale Driller Stuns Creditors as Argentina's Dollars Dwindle
In the 99 years since it was founded to pump the oil fields of Patagonia, Argentine energy driller YPF SA has been whipsawed by countless booms and busts. If global oil markets weren’t collapsing, it seemed, then Argentina was mired in a debt crisis that was wreaking havoc on the whole nation’s finances.
Source: msn.com