IRSA starts up debt exchange

IRSA starts up debt exchange

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Argentina

IRSA Inversiones y Representaciones, the biggest real estate firm in Argentina, has launched an offer to swap international bonds that mature next year for new notes that come due in 2028. The company is offering to exchange as much as $260 million in 8.75% 2023 bonds for new notes with the same interest rate, IRSA said in a securities filing on Tuesday. IRSA has offered to $1,030 in 2028 bonds for every $1,000 in 2023 notes until the early deadline on June 2 and then face value until the final

Already have an account?

Free trial

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

Free Trial