By Caroline Salls
Pittsburgh, Jan. 26 - PSA Finance Argentina Compania Financiera SA sold ARS 70 million of series 5 variable-rate 18-month notes and ARS 30 million of series 6 fixed-rate nine-month notes under its ARS 300 million notes program, according to a news release.
The price was not included in the release.
The interest margin on the series 5 notes will be 2.5%, and the margin on the series 6 notes will be 19.5%. The rate was not disclosed in the release.
BBVA Banco Frances SA and Standard Bank Argentina SA are the agents.
The issuer is a Buenos Aires financial services company.
| Issuer: | PSA Finance Argentina Compania Financiera SA
|
| Pricing date: | Jan. 26
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| Settlement date: | Jan. 31
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| Agents: | BBVA Banco Frances SA and Standard Bank Argentina SA
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|
|
| Series 5 notes
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| Issue: | Series 5 variable-rate notes
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| Amount: | ARS 70 million
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| Maturity: | July 21, 2013
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| Interest margin: | 2.5%
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|
|
| Series 6 notes
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| Issue: | Series 6 fixed-rate notes
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| Amount: | ARS 30 million
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| Maturity: | Oct. 31, 2012
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| Interest margin: | 19.5%
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