$12 mn in interest on PAR bonds to be paid this Wednesday

The Ministry of Economy announced it would pay close to $12 million for the maturity of interest on the PAR bonds, nominated in dollars and euros, issued in the 2010 debt swap. In these bonds, the minimum thresholds necessary to activate the Collective Action Clauses (CACs) in the last debt restructuring were not reached, which explained that the adhesion to the Argentine offer was 99% and not 100%.

Source: Ámbito