Argentina's Banco Macro acquires 758,911 class B shares, buys back $10 million of 8½% notes

By Jennifer Chiou

New York, Sept. 18 - Banco Macro SA acquired 758,911 class B ordinary shares for a total of Ps. 4.12 million and bought back $10 million of its 8½% series 2 fixed-rate notes due 2017, according to a 6-K filing with the Securities and Exchange Commission.

The shares were purchased at an average price of Ps. 5.423 per share.

The notes were issued under the company's $700 million global notes program.

Banco Macro is a Buenos Aires-based retail and commercial bank.

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