BUENOS AIRES, Dec 4 (Reuters) – Argentina offered on
Thursday to pay out early on a dollar-denominated bond due in
2015 to quell market speculation that it will struggle to
service its debt next year due to low foreign reserves and
fallout from a sovereign default four months ago.
Economy Minister Axel Kicillof said holders of the local-law
Boden15 bond can take cash or swap for another
bond due in 2024, an option that would ease the financial burden
on the South American country’s strained coffers.