Argentina's Impsa redeems $133.43 million series 8, series 11 notes

By Caroline Salls

Pittsburgh, Nov. 19 - Industrias Metalúrgicas Pescarmona SAIC y F (Impsa) recalled all $133.43 million of its outstanding series 8 and series 11 notes, both due in 2011, according to a company news release.

The recall price was $850 per $1,000 of notes. The company also paid $40.35 in interest for each $1,000 of notes.

The recall was funded by part of the proceeds from the company's recent offering of series 1 notes due 2014.

Impsa is a Mendoza, Argentina-based wind and hydropower producer.

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