By Angela McDaniels
Tacoma, Wash., Jan. 29 - Grupo Financiero Galicia SA will issue ARS 180 million of series I and series II class V notes, according to a 6-K filing with the Securities and Exchange Commission.
Specifically, the company will issue ARS 101.8 million of 18-month series I notes with a cutting margin of 4.25% and ARS 78.2 million of three-year series II notes with a cutting margin of 5.25%.
Interest will be payable quarterly.
Grupo Financiero Galicia is a Buenos Aires-based financial services holding company.
Issuer: | Grupo Financiero Galicia SA
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Issue: | Class V notes
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Amount: | ARS 180 million
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Pricing date: | Jan. 28
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Settlement date: | Jan. 30
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Series I notes
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Amount: | ARS 101.8 million
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Maturity: | July 31, 2015
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Cutting margin: | 4.25%
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Series II notes
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Amount: | ARS 78.2 million
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Maturity: | Jan. 31, 2017
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Cutting margin: | 5.25%
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