By Jennifer Chiou
New York, Oct. 22 – Grupo Financiero Galicia SA announced the issue of $250 million total of series I and series II class VI notes, according to a filing with the Securities and Exchange Commission.
Specifically, the company has priced $140.16 million of 18-month series I notes with an interest rate of 3¼% and $109.84 million of three-year series II notes with an interest rate of 4¼%.
Interest will be payable quarterly.
Grupo Financiero Galicia is a Buenos Aires-based financial services holding company.
| Issuer: | Grupo Financiero Galicia SA
|
| Issue: | Class VI notes
|
| Amount: | $250 million
|
| Pricing date: | Oct. 21
|
| Settlement date: | Oct. 23
|
|
|
| Series I notes
|
| Amount: | $140.16 million
|
| Maturity: | April 23, 2016
|
| Coupon: | 3¼%
|
|
|
| Series II notes
|
| Amount: | $109.84 million
|
| Maturity: | Oct. 23, 2017
|
| Coupon: | 4¼%
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
