U.S. Arranging $20 Billion Private Finance Facility for Argentina Debt Support
The Trump administration is organizing a $20 billion private finance facility to support Argentina’s debt obligations. Treasury Secretary Scott Bessent confirmed the “private sector solution” involving banks and sovereign-wealth funds.
Major Financial Backstop for Argentina
The Trump administration is reportedly assembling a substantial $20 billion private finance facility that could serve as a crucial backstop for Argentina’s debt obligations, according to statements from Treasury Secretary Scott Bessent. The development represents a significant expansion of financial support for the South American nation currently facing economic challenges.