Argentina - Past Due Interest Bonds (1993) - Terms

Article Index

Issuer:
The Republic of Argentina
Maturity:
March 31, 2005
Coupon Rate (p.a.):
6-month LIBOR + 13/16% [81.25bp]
Coupon Freq:
Semi-annual
Coupon Payment Dates:
March 31 and September 30
Day Count:
Actual/360
Issue Date:
April 7, 1993
Issue Size:
USD 9,811,425,000
Outstanding Amount:
USD 9,811,425,000
Amortization:
19 unequal semi-annual payments after 3 years' grace period.
Payments 1-7 [1%] Percent of Principal
Payments 8 [5%] Percent of Principal
Payments 9-19 [8%]
Percent of Principal
Par Amount:
100.00% @ May 1, 1995
Call Option:
Callable at par with accrued interest on coupon dates if no default.
Currency:
USD
Guarantor
None
Form:
Registered for FRBs issued in US
Bearer for non-US issue
Denominations:
USD $250,000 and integral multiples of $1,000
Credit Rating:
Moody's: B2
S & P's: BB-
Principal Collateral:
None
Interest Payment Collateral:
None
Settlement:
US: physical delivery
Non-US: Euroclear/CEDEL, physical delivery