IRSA and Cresud launch proposals to exchange bonds (negotiable debt securities) for $255 million

The agricultural company Cresud and its subsidiary IRSA announced the beginning of the exchange process of their Negotiable Debt Securities for $255 million, within the framework of the new Central Bank rules that restrict access to the exchange market for the purchase of dollars destined to the payment of debt securities in foreign currency with maturity between October 15, 2020, and March 31, 2021.

Source: Ámbito