Argentina files debt swap documents with Japan govt

TOKYO, April 30 (BestGrowthStock) – Argentina filed the terms of a
debt swap of to $20 billion in defaulted debt with regulators in
Japan on Friday, paving the way for it to return to international
finance markets eight years after a devastating economic crisis.

The updated prospectus posted on Japan’s Financial Services
Agency website said Argentina would start its swap offer for
Japanese investors on May 7 and close the offer on June 7.

Argentina is trying to clean up $20 billion in past defaulted
bonds and is offering the debt swap to bondholders who rejected a
2005 restructuring of a $100 billion debt default three years
earlier.

Stock Market News
(Reporting by Rika Otsuka)

Argentina files debt swap documents with Japan govt