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Published on 10/2/2009 in the Prospect News Emerging Markets Daily.

Banco de Galicia y Buenos Aires cancels $25.63 million of notes

By Caroline Salls

Pittsburgh, Oct. 2 - Banco de Galicia y Buenos Aires SA has cancelled $25.63 million of its notes due 2014, according to a company news release.

The Buenos Aires bank said the notes were acquired under market conditions.

After the cancellation, $207.61 million of the notes remain outstanding.


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