IMPSA gets nod for debt restructuring

IMPSA gets nod for debt restructuring

Bonds Debt Capital Markets Corporate & Sovereign Strategy Equity Fixed Income IPO Electricity Argentina Latin America

IMPSA, a power plant builder in Argentina, said Wednesday that the majority of the holders of its bonds have agreed to a restructuring proposal, a deal that now requires approval from a bankruptcy court. "The offer was approved by a majority of the creditors," the company based in Godoy Cruz, Mendoza said in a securities filing. IMPSA said it has sent the approved restructuring offer for approval by the judge handling the bankruptcy case, adding that it did not have a date for when a decision co

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial