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Argentina's Cresud to sell $60 million of class VIII notes due 2014
By Caroline Salls
Pittsburgh, Aug. 30 - Cresud SA Comercial Inmobiliaria Financiera y Agropecuaria plans to sell up to $60 million of class VIII fixed-rate notes due 2014 under its $150 million global issuance program, according to a news release.
The subscription period began on Aug. 30 and will expire on Sept. 2.
The minimum subscription amount will be $2,000, and the notes will be sold in $1,000 increments thereafter.
Banco Itaś BBA International SA - London Branch is the international agent, and Banco Itaś Argentina SA and Banco Hipotecario SA are the local agents.
Cresud is a Buenos Aires-based agricultural company.
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