NEW YORK - Citibank, which heads the working committee overseeing Argentina's debt restructuring, said the government will pay about $1.2 billion of additional interest arrears to foreign creditors on Wednesday.

Of the total, about $1.1 billion will be in floating-rate bonds and $103 million in cash, the Citicorp unit said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.