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Published on 4/24/2007 in the Prospect News Emerging Markets Daily.

Argentina's Alto Palermo to sell up to $170 million dollar-denominated, peso-linked notes

By Reshmi Basu

New York, April 24 - Alto Palermo SA plans to sell a two-part offering of up to $120 million in senior unsecured notes due 2017 and up to $50 million of argentine peso-linked notes due 2012 (/raAA-/AA-(arg)), according to a statement filed with the U.S. Securities and Exchange Commission.

Citigroup Global and Standard Bank are lead managers for the issue.

The Buenos Aires-based issuer is a developer and operator of commercial centers.


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