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Argentina plans sweetener in bonds offer
Financial Times
April 13, 2010

By Jude Webber in Buenos Aires

A key moment in Argentina's bid to rehabilitate itself with international financial markets has arrived. It hopes this week to launch a long-awaited offer to the holders of some $20bn ( 14.7bn) in bonds still unpaid since its 2001 default.

President Cristina Fern ndez's high spending government hopes the offer will end nearly a decade of painful isolation from international bond markets as its domestic fiscal outlook worsens. It has warned creditors that this offer following on from one in 2005 will be their final chance.

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