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Argentina set to start roadshow in bid to restructure $76b debt

Bloomberg Argentina and the province of Buenos Aires will start setting up virtual meetings this week with institutional investors as they continue the process of restructuring more than $76 billion in debt, according to people familiar with the plan. The national government will call on about 20 institutions and funds — including BlackRock, Ashmore and Fintech’s David Martinez — to ...

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World’s wheat supply dries up when some want it most

Bloomberg For the first time in a decade, the world risks being cut off from Russian wheat at a time when some key buyers are rushing to import it. The top shipper last month limited sales through June to protect its own supply as the coronavirus crisis sparks food-security concerns around the world. Although the curbs were seen loose enough ...

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Bayer warns of liquidity risk as virus slows roundup talks

Bloomberg Bayer AG raised the specter of “considerable liquidity challenges” as it engages in high-stakes negotiations over Roundup litigation in the US and grapples with the pandemic. The number of plaintiffs claiming that the weedkiller caused their cancers rose to 52,500 from 48,600 in February, Bayer said in its first-quarter. It’s still too early to know how Covid-19 will impact ...

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