Argentina's Grupo Financiero Galicia board gives OK for $60 million debt program

By Jennifer Chiou

New York, March 18 - Grupo Financiero Galicia SA announced that its board authorized a global program for the issue of up to $60 million of negotiable obligations.

The company also said that it will issue two series of notes under the program for up to $45 million.

As previously noted, issuances made under the program could be denominated in dollars or any other currency.

The Buenos Aires-based financial services holding company announced plans for the program on Feb. 5.

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