Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

BG’s Metrogas Gets Court Approval for $250 Million Debt Deal

BG Group Plc’s Argentine natural-gas distribution unit Metrogas SA, which filed for bankruptcy protection in 2010, won court approval to proceed with its $250 million debt restructuring.

The plan, backed by creditors holding about 90 percent of Metrogas’ debt, received authorization from federal judge Cristina O’Reilly in Buenos Aires, the company said in a regulatory filing today.

The deal, which includes swapping bonds for new debt maturing in 2018, wasn’t challenged by any of the remaining 10 percent of creditors, according to court records.

BG controls Metrogas through a 55 percent stake in parent holding company GASA. YPF SA owns 45 percent of GASA.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.