Arte Grafico receives tenders of $26 million of series B bonds

Pittsburgh, Sept. 16 - Arte Grafico Editorial Argentino SA said holders of about $26 million of its series B bonds due 2011 tendered their securities in its offer to buy the bonds at a price of $750 for each $1,000 principal amount, according to a company news release.

Arte Grafico, which announced the tender on Aug. 11, was willing to pay up to $19.5 million to buy back the debt.

Arte Grafico will not pay accrued interest.

The offer expired at 5 p.m. ET on Sept. 15. It was extended once.

The Bank of New York is dealer, co-registration agent and principal payment agent and Banco Rio de la Plata SA is registration agent and payment agent.

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