Creditors Agree to Restructuring for Argentina’s Clisa

Bloomberg12-18

(Bloomberg) -- Cia Latinoamericana de Infraestructura y Servicios Corp., the holding company behind Buenos Aires’ subway operators, won extensive support from international bondholders to restructure ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492291778?lang=en_US&edition=fundamental","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/A62W6FCCPZPWX6Q4YXU33QSLQQ.jpg?smart=true&auth=93e1f5e873f9a292fd81c9fe839163e2f8cf02a55d816661c89fc90f998f5575&width=500&height=333","is_english":true,"pubTime":"2024-12-18 07:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2492291778","market":"fut","top_or_hot":-1,"title":"Creditors Agree to Restructuring for Argentina’s Clisa","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Cia Latinoamericana de Infraestructura y Servicios Corp., the holding company behind Buenos Aires’ subway operators, won extensive support from international bondholders to restructure ...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/investing/2024/12/17/creditors-agree-to-restructuring-for-argentinas-clisa/\">Source Link</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Creditors Agree to Restructuring for Argentina’s Clisa</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCreditors Agree to Restructuring for Argentina’s Clisa\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-18 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/investing/2024/12/17/creditors-agree-to-restructuring-for-argentinas-clisa/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Cia Latinoamericana de Infraestructura y Servicios Corp., the holding company behind Buenos Aires’ subway operators, won extensive support from international bondholders to restructure ...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/investing/2024/12/17/creditors-agree-to-restructuring-for-argentinas-clisa/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4231","symbol_name":"零售房地产信托","start_time":0,"source_url":"https://www.bnnbloomberg.ca/investing/2024/12/17/creditors-agree-to-restructuring-for-argentinas-clisa/","article_id":"2492291778","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/A62W6FCCPZPWX6Q4YXU33QSLQQ.jpg?smart=true&auth=93e1f5e873f9a292fd81c9fe839163e2f8cf02a55d816661c89fc90f998f5575&width=500&height=333"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492291778","pubTimestamp":1734476957,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"Cia Latinoamericana de Infraestructura y Servicios Corp., the holding company behind Buenos Aires’ subway operators, won extensive support from international bondholders to restructure debt, according to people familiar with the matter.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4231":"零售房地产信托","BK4080":"零售业房地产投资信托","ADC":"艾格里房产"},"translate_title":"债权人同意对阿根廷Clisa进行重组","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADC":1},"content_text":"(Bloomberg) -- Cia Latinoamericana de Infraestructura y Servicios Corp., the holding company behind Buenos Aires’ subway operators, won extensive support from international bondholders to restructure debt, according to people familiar with the matter. Investors holding more than 90% of the company’s $358 million of bonds accepted an offer to swap their securities for new notes, according to the people, who asked not to be identified as the results haven’t been published. The period for creditors to back the deal closed at 5 p.m. New York time Tuesday and the results are expected to be announced Wednesday morning.Securing debt holders’ backing puts the firm, known as Clisa, on track to ease its balance sheet woes and positions it to exit default. It also brings to a close a process that began after the public works giant missed an interest payment in August, following a 30-day grace period. Representatives for the company didn’t immediately respond to a request for comment while a lawyer representing a bondholder committee declined to comment.The restructuring plan includes an extension on debt maturities and a 25% haircut on its dollar-denominated notes due in 2027. The new debt would mature in 2031 and 2034, according to a previously published consent solicitation. The deal required approval from holders of at least three-fourths of the outstanding debt.©2024 Bloomberg L.P.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492291778"}