After nearly a year of extending the deadline of its debt restructuring proposal, fresh documents published by Argentina’s largest province show talks remain stuck, Bloomberg News reported. The province of Buenos Aires presented the details of a proposal shown to one of its largest creditors, GoldenTree Asset Management, under a nondisclosure agreement which has since expired, according to a statement posted online. The province says that GoldenTree rejected the offer and proposed a counteroffer that it viewed as “a material digression from terms that the Province could consider meaningful.” The statement follows a lack of progress in debt talks to renegotiate about $7 billion of the province’s overseas debt, more than six months after the country struck a deal to restructure $65 billion in bonds. A half dozen other provinces, from Salta in the north to Neuquen in the south, have sealed restructuring deals of their own since then. The province’s standing debt offer remains the one it originally published last April, which is set to expire on March 26. Buenos Aires province has languished in default for nearly a year, after it missed a $150 million bond payment in May. The province’s $1.75 billion in bonds due 2027 climbed 3.2 cents to 36 cents on the dollar, the most in 10 months, after the improved terms were published. Read more.