By Caroline Salls
Pittsburgh, June 25 - Industrias Metalurgicas Pescarmona SAIC y F (Impsa) will issue Ps. 200 million of series III notes due June 29, 2012 at par on June 29 under its $500 million global medium-term notes program, according to a company news release.
The interest margin will be 675 basis points.
The notes issuance has been rated A(arg) by Fitch Argentina and raBBB+ by Standard & Poor's.
Macro Securities SA Sociedad de Bolsa is the agent on the deal.
Impsa is a Mendoza, Argentina-based producer of wind and hydropower equipment.
| Issuer: | Industrias Metalurgicas Pescarmona SAIC y F
|
| Issue: | Series III notes
|
| Amount: | Ps. 200 million
|
| Price: | Par
|
| Maturity: | June 29, 2012
|
| Interest margin: | 675 bps
|
| Issuance date: | June 29
|
| Liquidation date: | June 29
|
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