El Banco Central flexibiliza normas de control de cambios para facilitar procesos de refinanciación de deuda
Date | 30 September 2004 |
Author | Juan M. Diehl Moreno,Santiago Carregal |
Published date | 30 September 2004 |
Law Firm | Marval O'Farrell Mairal |
El Banco Central de la República Argentina (“BCRA”) dictó con fecha 6 de septiembre de 2004 la Comunicación “A” 4203 mediante la cual permite que, en los procesos de refinanciación de deuda externa de empresas del sector privado no financiero, se pueda ofrecer a los acreedores no residentes por la tenencia de deuda local, por capital e intereses, en moneda extranjera, el mismo menú de refinanciación que el ofrecido a los acreedores por deudas externas.
Mediante esta Comunicación el BCRA ha permitido que deuda local (i.e. interna) de titularidad originaria de bancos locales, posteriormente cedida a acreedores no residentes, pueda tener el mismo tratamiento que la deuda externa en lo que respecta al acceso al mercado de cambios para su cancelación en moneda extranjera.
A tal efecto, el BCRA ha establecido una serie de condiciones a cumplir:
* La deuda debe ser contraída por una empresa local en moneda extranjera con una entidad financiera local con anterioridad al 4 de diciembre de 2001 y cedida posteriormente por la entidad financiera local a un no residente.
* La deuda no debe haber sido alcanzada por el régimen de ”pesificación“ establecido por la Ley Nº 25.561, los Decretos Nº 214/02 y Nº 410/02 y normas reglamentarias y complementarias.
* El conjunto de deudas locales incorporadas en estas condiciones no debe representar más del 15 % de la deuda por capital e intereses que desde su origen se contrajo con acreedores no residentes, que sea refinanciada en el acuerdo global de refinanciación con los acreedores no residentes de la empresa.
* La empresa debe ofrecer un único menú de opciones de refinanciación a la totalidad de los acreedores...
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