Argentina's Neuquen Province ups note offering size to $250 million

By Christine Van Dusen

Atlanta, Oct. 27 - The Argentine province of Neuquen has increased the size of its planned floating-rate notes to $250 million from $200 million, a market source said.

The notes will have a maximum maturity of 10 years.

Proceeds are expected to be used for the repayment of debt, though some sources now say the funds will be used to finance infrastructure projects.

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