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Published on 8/6/2012 in the Prospect News Emerging Markets Daily.

Argentina's Grupo Financiero Galicia board OKs $60 million notes

By Toni Weeks

San Diego, Aug. 6 - Grupo Financiero Galicia SA announced that its board authorized on Aug. 2 the issuance of $60 million of class III notes. The principal amount is extendible to $80 million.

Issuances made under the program may be denominated in dollars or any other currency.

The notes will be issued within the framework of the Buenos Aires-based financial services holding company's global program of simple, short, mid- and/or long-term non-convertible notes.


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