Argentine bonds issued in recent restructuring start trading on the gray market – Yahoo Finance

Argentine bonds issued in recent restructuring start trading on the gray market – Yahoo Finance

BUENOS AIRES, Sept. 2 (Reuters) – New bonds issued by Argentina as part of its recent sovereign debt restructuring began trading on the gray market on Wednesday, according to a statement from the local securities regulator BYMA, official negotiations scheduled to begin next Monday.

Argentina defused fears of a messy default after gaining backing from its creditors, allowing it to swap 99% of…

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