New Issue: Buenos Aires prices $250 million 11¾% notes due 2015 to yield 11½%

By Christine Van Dusen

Atlanta, Oct. 15 - Buenos Aires priced a $250 million add-on to its existing $550 million 11¾% notes due Oct. 5, 2015 (B3/B/) at 100.913 to yield 11½%, a market source said.

Deutsche Bank and Bank of America Merrill Lynch were the bookrunners for the Rule 144A notes, which are non-callable.

The original issue priced Sept. 7 at 99.076 to yield 12%.

Issuer:	Buenos Aires
Amount:	$250 million add-on
Maturity:	Oct. 5, 2015
Description:	Notes
Bookrunners:	Deutsche Bank, Bank of America Merrill Lynch
Coupon:	11¾%
Price:	100.913
Yield:	11½%
Call features:	Non-callable
Trade date:	Oct. 13
Settlement date:	Oct. 20
Ratings:	Moody's: B3
	Standard & Poor's: B
Distribution:	Rule 144A
Total amount:	$800 million, including $550 million priced Sept. 7 at 99.076 to yield 12%

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