Mastellone Hermanos extends exchange offer for 8% notes, now ends June 2

By Caroline Salls

Pittsburgh, May 24 - Mastellone Hermanos SA extended its exchange offer for its $157.19 million series A-1 and B-1 8% senior notes due 2012 until 5 p.m. ET on June 2 from May 24, according to a company news release.

The notes are exchangeable for $154.02 million series A-2 and $3.17 million series B-2 8% notes due 2012.

As of 4:30 p.m. ET on May 23, the company received acceptances from holders of $102.48 million of the series A-1 and B-1 notes.

The Bank of New York is the exchange agent and payment agent.

Mastellone Hermanos is a Buenos Aires food company.

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