Argentine soy crushing giant Vicentin is struggling to repay over $350 million in debt and some plants are likely to halt production while it seeks relief amid an economic slowdown in the country, a source close to the firm said on Thursday, Reuters reported. The grains crusher, Argentina’s top exporter of processed soy last year according to government data, said it had been hurt by increasing financing costs and rising country risk, and was looking at how to meet its obligations.

Bondholders are gearing up for a nasty fight as Argentina’s largest province stares down a debt payment it may not be able to make, Bloomberg News reported. The Province of Buenos Aires will owe investors $571 million in January, and is unlikely to be able to come up with the cash amid a sharp devaluation in the currency and severe economic recession. The region has few dollar-generating industries, and tax revenue has dropped 14% in inflation-adjusted terms this year. Refinancing isn’t a realistic option amid plans by the federal government to restructure its debt.

Argentine President-elect Alberto Fernandez said on Thursday he did not want to fall short on debt obligations even as his government puts a premium on growth. Fernandez, who takes office on Dec. 10, will need to negotiate with creditors including the International Monetary Fund as Argentina buckles under the weight of about $100 billion in sovereign debt, KFGO reported. "I do not want to give haircuts to anybody, I do not want to stop paying what we owe," Fernandez said while speaking at an Argentine industrial chamber event in Buenos Aires.

Argentina’s President-elect Alberto Fernandez plans to hold debt negotiations with private bondholders and the International Monetary Fund at the same time as part of a strategy to obtain a better deal, according to a person with direct knowledge of the matter, Yahoo! Finance reported on a Bloomberg News story. Fernandez’s incoming government considers that holding simultaneous, yet separate, talks is likely to give Argentina more bargaining power, as well as the ability to adjust proposals on both ends, the person said. The negotiations are set to begin after Fernandez takes office Dec.

Several factions of Argentina's bondholders are jostling for influence ahead of restructuring talks with incoming president Alberto Fernandez as Latin America's third-largest economy tries to avert a default, more than a dozen sources familiar with the process said, the International New York Times reported on a Reuters story. Argentina is once again buckling under the weight of its sovereign debts, which total around $100 billion, and Fernandez needs to urgently agree a deal with creditors to ease the burden and give his government space to try to revive the economy.

In Argentina’s sunny Mendoza province, officials had been preparing to break ground on the Vecaso solar park, a 115 megawatt project costing $90 million, Reuters reported. The culmination of nearly four years of planning, Vecaso was one of several ambitious projects to take root under a renewable energy push by the government of President Mauricio Macri.

Argentine President-elect Alberto Fernandez on Tuesday told International Monetary Fund Managing Director Kristalina Georgieva that he has a plan to grow the economy and tackle the nation’s debt after his predecessor agreed to a $56 billion credit line from the fund, Bloomberg News reported. “We have developed a sustainable plan that will allow us to grow and comply with our obligations that Argentina has with you and with the rest of the creditors,” Fernandez told Georgieva in their first publicly known phone call, according to his transition team’s press statement.

Argentine President-elect Alberto Fernandez says he won’t rush the debt agreement process to ensure he gets a good deal for the country, Bloomberg News reported. “We don’t want to sign anything and then regret it,” he said in an interview for Pagina 12 released on Sunday. “We don’t want to run after the timelines for the bondholders, we want to run after the timeline that’s best for Argentines.” He said he listens to Guillermo Nielsen, the debt negotiator for Argentina in 2005, on debt, but that he’s looking to make the final decisions himself.