Iraq Announces the Successful Conclusion of Debt-for-Debt Ex

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arh777d Member Posts: 248 (12/23/05 7:49 am) Reply	Iraq Announces the Successful Conclusion of Debt-for-Debt Ex Iraq Announces the Successful Conclusion of Debt-for-Debt Exchange Offer -------------------------------------------------------------------------------- 23 December 2005 (Business Wire) -- The Republic of Iraq today announced the successful conclusion of its commercial debt-for-debt exchange offer. Invitations were sent on November 16, 2005 to holders of large Saddam-era commercial claims against Iraq and Iraqi public sector obligors. These claims totaled in aggregate approximately U.S.$14 billion, or about 60% of all the commercial claims registered with Iraq's debt reconciliation agent. The tender period for the offer expired on Wednesday, December 21, 2005. www.iraqupdates.com/p_art...ticle/4414