Argentina's Grupo Financiero Galicia board OKs class IV notes issue

By Toni Weeks

San Luis Obispo, Calif., March 11 - Grupo Financiero Galicia SA board of directors approved on March 8 the issuance of $150 million of class IV notes, according to a company notice.

The maximum issuance may be increased to $220 million.

The notes will be issued within the framework of the Buenos Aires-based financial services holding company's global program of simple, short, mid- and/or long-term non-convertible notes.

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