Argentina swaps $2.4 billion debt

March 01 2009 17:41:17

Argentina swaps $2.4 billion debt

Agence France-Presse

Cabinet Chief Sergio Massa said had placed new bonds worth 3.49 billion pesos ($980 million). The swap included paper due to mature in June this year, which lenders exchanged for longer-term debt, easing the short-term burden on Argentina's stretched finances.

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