Argentina's Irsa Inversiones gets board OK for $200 million increase to global note program

By Jennifer Chiou

New York, March 3 - Irsa Inversiones y Representaciones SA obtained approval from its board of directors for a $200 million increase to its global note program, according to a 6-K filing with the Securities and Exchange Commission.

The Buenos Aires-based real estate, shopping center and hotel company announced the increase in a Feb. 25 letter, adding that the addition was duly authorized by the Argentine Securities Commission.

The original size of the program was for up to $200 million of notes.

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