Arte Grafico extends offer to buy back $14 million series B bonds to March 21, ups price

By Caroline Salls

Pittsburgh, March 7 - Arte Grafico Editorial Argentino SA said it extended its offer to buy back up to $14 million of its $92,371,600.51 of series B bonds due 2011 and increased the price to $900 per $1,000 principal amount from $875 per $1,000 principal amount.

The newly repriced offer will run from 5 p.m. ET on March 9 to 5 p.m. ET on March 21.

As of 5 p.m. ET on March 4, the company received tenders for $8 million of the bonds.

The Bank of New York is dealer, co-registration agent and principal payment agent and Banco Rio de la Plata SA is registration agent and payment agent.

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