Artículo 3.3.2. IFRS 9 Paragraph 3.3.2

An exchange between an existing borrower and lender of debt instruments with substantially different terms shall be accounted for as an extinguishment of the original financial liability and the recognition of a new financial liability. Similarly, a substantial modification of the terms of an existing financial liability or a part of it (whether or not attributable to the financial difficulty of the debtor) shall be accounted for as an extinguishment of the original financial liability and the recognition of a new financial liability. [ Refer: paragraphs B3.3.6⁠–⁠B3.3.6A ]