November 13, 2020
Argentine real estate developer IRSA Inversiones y Representaciones and its agribusiness subsidiary Cresud said Thursday that bondholders agreed to swap outstanding bonds for new notes with longer maturities.
IRSA said holders of $178 million of bonds due in November this year, or 98.3%, signed on to receive notes that pay the same coupon of 10% and mature in 2023. Cresud, meanwhile, said holders of $65.1 million of its 2020 bonds, or 88.4%, agreed to receive new 2022 and 2023 notes at the same
Argentine real estate developer and its agribusiness subsidiary extend maturities on $243 mln in external debt