Benefits for debt restructuring companies

Thursday, October 15, 2020

The measure adopted by the BCRA will allow to pay restructured debt with foreign currency from exports.

The ensemble of large companies with monthly maturities of more than USD1 million carrying out debt restructuring plans within the targets set by the BCRA in Communication A 7106 may use the foreign currency resulting from exports to pay their restructured debt.

Within the constructive dialogue between the private sector and the BCRA, the Board adopted this measure following the recommendation of the companies.

In this sense, the companies that comply with the debt restructuring plans may pay restructured debt (principal and interest) with foreign currency from exports of goods and services. That same benefit, set forth in Communication A 7123 is available for new debts or direct investments.

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