MarketsNotableConfirmed
5.6
Argentina court opens rescue for Vicentin-linked cotton firm with $260M debt
La Nación (Argentina)LO·AR·about 14 hours ago
An Argentine court approved a rescue process for Avellaneda Cotton Grower, a bankrupt cotton producer with 360 employees and significant debt to Banco Nación. The approval allows the company to restructure its obligations, potentially preserving jobs and operations. The outcome remains uncertain pending creditor and court implementation.