Fitch Places Argentina on Rating Watch Negative

Fitch Ratings has placed Argentina’s Long-term foreign currency Issuer Default Rating (IDR) of ‘B’, Short-term IDR of ‘B’ and the international bonds issued under New York Law on Rating Watch Negative (RWN). The affected Fitch-rated securities are listed below. The agency has affirmed Argentina’s local currency IDR at ‘B’ with Stable Outlook. The Country Ceiling has also been affirmed at ‘B’.