ARGENTINA BONDS
CONVERSION OF LOANS. FIVE ISSUES AFFECTED. (British Official Wireless.) (Received 9 a.m.) RUGBY, September 12. A scheme for converting a large part of Argentina’s debts from 5 per cent to 4i per cent on all loans is announced. The underwriting was effected yesterday. Five loans are affected. The holders are to be invited to exchange into the 41 per cent issue on terms entitling the holders of maturing stocks to receive new stocks at a price equivalent to £93 10/. No cash subscriptions are to be invited. Nearly £10,000,000 of Argentina Government bonds are involved.
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Bibliographic details
Northern Advocate, 14 September 1934, Page 10
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97ARGENTINA BONDS Northern Advocate, 14 September 1934, Page 10
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