Part 2/12:
A consortium of major banks—including JPMorgan Chase, Bank of America (BFA), Goldman Sachs, and Citigroup—is grappling with the complexities of structuring this loan. Their main concern revolves around the potential risk exposure given Argentina’s precarious financial situation. To mitigate this, banks are seeking guarantees or some form of collateral to secure their investment—an essential step before the funds can be disbursed.