Argentina takes debt revamp over $100 bln with local bond exchange
(WorldNews Argentina)

BUENOS AIRES — Argentina said it had successfully restructured over $40 billion of local-law foreign currency debt on Friday, on top of its recent $65 billion international bond revamp, which will help the country dig itself out of its ninth sovereign default. The revamp of nearly 99% of the eligible local debt, taking the combined amount over $100 billion in the space of a week, came as many of Argentina’s international sovereign bonds traded for their last day before new instruments take over next week. The bonds, including the notorious...