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Argentina's Telecom Personal plans to issue $200 million five-year bonds
By Reshmi Basu
New York, Dec. 5 - Telecom Personal SA plans to issue $200 million of five-year bonds (/B-/B-), according to a market source.
JP Morgan is the lead manager for the Rule 144A/Regulation S deal.
Proceeds from the sale will be used to refinance the company's series A and series B loans.
Buenos Aires-based Telecom Personal is a wireless services business wholly owned by Telecom Argentina.
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