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Argentina tops debt swap goal but lawsuits linger
Reuters
June 24, 2010

BUENOS AIRES, June 23 (Reuters) - Argentina attracted a better-than-expected 66 percent acceptance for its $18.3 billion debt swap, but it may not be enough for the country to return to global markets eight years after its record default.

The government said on Wednesday it had surpassed its goal of at least 60 percent participation, adding that this will enable Latin America's No. 3 economy to issue debt abroad and lower borrowing costs for the country's provinces and companies.

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