Instead, the conversation shifted towards a much more modest and short-term alternative. Luis Caputo tenders debt and launches the "TAMAR Letter": the menu for investors. The US publication details that bankers are now evaluating a "repo" type credit line for about US$ 5 billion. The objective of this reduced financing would be to assist Argentina exclusively to face the January sovereign debt payment, estimated at US$ 4 billion, due to the impossibility of closing the larger agreement. The reason for the setback, according to the report, lies in the lack of certainty about the collaterals. Buenos Aires, November 21 (NA) -- An article in the influential newspaper The Wall Street Journal shook the Buenos Aires financial district this Thursday by assuring that the main banks in the United States decided to "file" the US$ 20 billion financial rescue plan that the government of Javier Milei was negotiating to shield its economic program. According to what the Noticias Argentinas news agency learned, the entities JPMorgan Chase, Bank of America, and Citigroup desisted from advancing with the megapackage that had originally been pushed by Donald Trump's Treasury Secretary, Scott Bessent. In response to a query from an official account ("The Oracle of Trenque Lauquen") that shared the urgent cable about the suspension of the plan, the Minister of Economy, Luis Caputo, answered with suggestive brevity: "Excellent question," avoiding confirming or categorically denying the information, but sowing doubts in the market. Private banks would not have received the "guidance from the Department of the Treasury on what collateral they could use to protect themselves from possible losses," which raised the risk of the operation and cooled the initial enthusiasm. The news generated an immediate reaction on social networks.
