January 03, 2011 | Cbonds
|On December 30, 2010 The Republic of Argentina announced the preliminary results of its invitation launched on December 6, 2010 to tender $330 mln of defaulted Brady Bonds for a basket of U.S. dollar-denominated bonds (New Securities) and a Cash Payment. The invitation expired on December 29, 2010. |
According to SEC filings, the invitation has received
Aggregate principal of New Securities to be issued amounts to
Argentina has not issued global bonds since its 2001-02 default because of default-related lawsuits. The goverment has restructured about 92% of the $100 billion in defaulted debt through 2005 and 2010 exchanges which did not include Brady bonds.
|Повна назва організації||Republic of Argentina|