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View Full Version : Uruguay Plans to Swap Foreign-Currency Debt for Peso Debt, Lorenzo Says - Bloomberg



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04-06-2011, 02:30 PM
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Uruguay Plans to Swap Foreign-Currency Debt for Peso Debt, Lorenzo Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGTo3T0K3qKBMsXcMx4Ebh3f0iKeA&url=http://www.bloomberg.com/news/2011-04-06/uruguay-plans-to-swap-foreign-currency-debt-for-peso-debt-lorenzo-says.html)
Bloomberg
Uruguay will also sell peso debt and use the proceeds to buy back debt denominated in other currencies, Lorenzo said. The South American country aims to reduce foreign-currency debt to 55 percent of total debt from 65 percent at present, Lorenzo said. ...

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