ARGENTINE DEBT
CONVERSION OPERATION « [ BritLh Official Wireless. ] Received Sept. 13, 5.5 p.m. RUGBY, Sept. 12. • A scheme for converting a large i part of the Argentine’s debt from 5 per cent, to per cent, on all loans, 1 has been announced, and the under- ? writing took place yesterday. Five Argentine loans are affected, and the holders will be invited to exchange into four and a-halfs on terms entitling the holders of maturing stock to receive new stock at a price equivalent to 93J. No cash subscriptions will be invited. Nearly £10,00,000 of Argentine Government bonds are involved.
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Bibliographic details
Wanganui Chronicle, Volume 77, Issue 218, 14 September 1934, Page 7
Word Count
97ARGENTINE DEBT Wanganui Chronicle, Volume 77, Issue 218, 14 September 1934, Page 7
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