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Bondholders have not submitted new counterproposal since Argentina rejected one: Guzman - Metro US

Bondholders have not submitted new counterproposal since Argentina rejected one: Guzman

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.

(Reporting by Cassandra Garrison; Editing by Leslie Adler)

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