SANTIAGO (Reuters) - Argentina's government said on Sunday it had hired Lazard as financial advisor and Bank of America (NYSE:BAC) and HSBC as debt placement agents for the debt restructuring process it hopes to close by the end of March.
In a brief statement the Finance Ministry limited itself to disclosing the names of the financial institutions that will be intermediaries for the restructuring of close to $100 billion in public debt.
The operation is backed by the International Monetary Fund (IMF) and the talks are expected to continue from Monday in Buenos Aires.
