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Published on 10/15/2008 in the Prospect News Emerging Markets Daily.

Argentina's Banco Macro buys back another $1 million 8½% notes

By Susanna Moon

Chicago, Oct. 15 - Banco Macro SA repurchased $1 million of its 8½% notes due 2017, series 2, according to a 6-K filing with the Securities and Exchange Commission.

The notes were issued under the company's $700 million medium-term note program.

Banco Macro is a Buenos Aires-based retail and commercial bank.


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