Argentina's Emgasud's noteholders approve changes to bond terms

By Caroline Salls

Pittsburgh, Nov. 20 - Emgasud SA said the holders of its class I series I notes and class I series II notes unanimously approved changes to the terms of the notes and a reduction of the minimum guarantee amount for notes due Nov. 15.

According to a company news release, the changes include terms for allocation of reserve funds in connection with cancellation of some of the bonds.

Emgasud is a Buenos Aires, Argentina, natural gas distribution and transportation company.

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