According to Law 26.886 published today in the Official Gazette, the Argentine government has formally approved the debt exchange offer of defaulted sovereign bonds that were not tendered in the exchange offers launched in 2005 and 2010 (holdouts).
This is further to our Marketflash
LM13038, dated 20 September 2013.
Procedures and guidelines remain to be issued by the Ministry of Economy and Public Finance and will be communicated as a Corporate Action event once published.
There is no immediate impact for investors.
Note: This communication is for information purposes only and does not constitute an offer in itself.
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