Autopistas del Sol launches offer to buy $220 million notes due 2017

By Caroline Salls

Pittsburgh, May 4 - Autopistas del Sol SA launched an offer for up to $220 million of fixed-rate senior notes due 2017, according to a company news release.

The offer will expire on May 16.

The Buenos Aires-based company said the issue date, price and interest rate will be published at a later date.

Standard & Poor's rated the notes raBB+.

The international placement agent is Citigroup Capital Markets Inc., and the placement agent in Argentina is Citicorp Capital SA.

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