In August 2020, then-Economy Minister Martín Guzmán finished renegotiating the private debt with three creditor groups, reducing the debt total by US$ 35 billion. Bondholders receive payouts on the restructured debt every January and July.
Out of the coupon payments announced today, some US$ 355 million correspond to the AL29, AL30, AL35, AE38 and AL41 bonds (under local law), US$ 40 million to the GE29, GE30, GE35, GE38, GE41 and GE46 Euro Global bonds (under foreign law); and US$ 627 million to the GD29, GD30, GD35, GD38, GD41 and GD46 Global bonds in US dollars.
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