Argentina to exchange debt, open doors to foreign investment

10/23/2009 | Wall Street Journal, The

Argentine Economy Minister Amado Boudou says the government will arrange a debt exchange on $20 billion of past bonds that had been defaulted on. The legislation to make the exchange will be sent to the Argentine Congress on Monday, Boudou said. The move is expected to reopen Argentina to foreign investment, and to the financial markets for the first time since the country's default in 2001.

View Full Article in:

Wall Street Journal, The

Published in Brief: