News Center

Argentina Sends SEC Debt Swap Document for Up to $15 Billion
Bloomberg
December 16, 2009

By David Papadopoulos

Dec. 16 (Bloomberg) -- Argentina filed paperwork with the U.S. Securities and Exchange Commission that paves the way for the country to settle with holders of about $20 billion of defaulted bonds.

The document, known as a Schedule B form, says the government sought authorization from the SEC to issue as much as $15 billion of bonds in the exchange with creditors who held out of the country's 2005 debt restructuring. Economy Minister Amado Boudou said Dec. 14 that the government would file with the SEC this week in anticipation of unveiling the offering in January.

To contact the reporter on this story: David Papadopoulos in New York at papadopoulos@bloomberg.net

U.S. Government
Takes Action

Click here to view letters by the Administration and Members of Congress on Argentina's debt and economic policies.

The Debt and Europe

Click Here To Read More

ATFA Member Spotlight

National Taxpayer's Union

Open Letter to the U.S. House of Representatives: Protect Taxpayers from Judgment-Evading Nations

Click here to view other ATFA member activity

Join Us
Show your support for ATFA and our work regarding debt default by joining our growing list of supporters.

Tell Your Friends
Do you have friends or colleagues who would be interested in supporting ATFA? Send them an invitation to this site by clicking here.