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Published on 4/19/2010 in the Prospect News Emerging Markets Daily.

New Issue: Aeropuertos Argentina 2000 sells $41.72 million of notes

By Caroline Salls

Pittsburgh, April 19 - Aeropuertos Argentina 2000 SA sold $28.89 million of its 11% class A fixed-rate guaranteed notes due 2020, $7 million of its class B variable-rate guaranteed notes due 2013 and $5.83 million of its 10% class C fixed-rate guaranteed notes due 2020, according to a news release.

The company offered to sell up to a combined $138 million of the class A notes and class C notes and up to $45 million of the class B notes.

The class B notes have a coupon equal to the reference rate plus 385 basis points.

The news release did not give the issuance price.

Aeropuertos Argentina is a Buenos Aires transportation services company.

Issuer:Aeropuertos Argentina 2000 SA
Issue:Guaranteed notes
Amount:$41.72 million
Pricing date:April 19
Settlement date:April 21
Class A notes
Issue:Class A fixed-rate guaranteed notes
Amount:$28.89 million
Coupon:11%
Maturity:April 21, 2020
Class B notes
Issue:Class B variable-rate guaranteed notes
Amount:$7 million
Coupon:Reference rate plus 385 bps
Maturity:April 21, 2013
Class C notes
Issue:Class C fixed-rates guaranteed notes
Amount:$5.83 million
Coupon:10%
Maturity:April 21, 2020

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