Banks including JPMorgan, Bank of America, Goldman Sachs, and Citigroup are in talks with the US Treasury to provide up to $20b in loans to Argentina, Semafor reports, citing unidentified people familiar with the matter.
- The banks are discussing an emergency loan backed by Argentine assets, report says
- Talks are ongoing and specific collateral is still being ironed out
- Representatives for Treasury and the banks declined to comment to Semafor
- NOTE:
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