KRTL BioTech

Argentine asset prices slide, country risk soars on debt 'reprofiling' plan

Argentine asset prices slide, country risk soars on debt 'reprofiling' plan

Argentine asset prices fell on Thursday and country risk soared to levels not seen since 2005 after the government announced plans to "reprofile" about $100 billion of its debt, leaving investors scrambling to assess what kind of hit they might take.