Argentina Plans to Contact Holdouts Over New Swap, Ambito Says

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The Argentine government plans to contact holders of $2.5 billion of defaulted bonds to see how they feel about the re-opening of its offer to swap the securities, Ambito Financiero reported today, without saying how it obtained the information.

Officials from the Economy Ministry have a list of 63 so-called holdouts who will be contacted before Feb. 27, the Buenos Aires-based newspaper said.