March 19, 2020 / 8:48 PM / 15 days ago

Argentina says swapped $4 bln in peso debt for later-maturing bonds

BUENOS AIRES, March 19 (Reuters) - Argentina’s economy ministry said on Thursday it had exchanged around 257 billion pesos ($4 billion) in a debt swap for new instruments maturing between 2021-2024.

The auction was part of Argentina’s broader drive to gain more time to make payments amid a widespread debt crisis that risks pushing the country into default.

Reporting by Cassandra Garrison; Editing by Sandra Maler

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below