September 20, 2021 |
Argentine oil company Compañía General de Combustibles (CGC) has offered to exchange up to $40 million in 9.5% 2025 notes for outstanding bonds that mature in November this year, it said in a statement on Thursday.
CGC has $93.4 million in outstanding 9.5% 2021 bonds that come due in November. It previously swapped $207 million in 2021 bonds, or 68.9% of the outstanding amount, for 2025 notes in September last year.
Bondholders that agree to the exchange by the early deadline on September 29 wil
Argentine oil company looks to exchange up to $40 mln in notes due this year for 2025 bonds