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Buenos Aires to offer new notes under medium-term note program
By Angela McDaniels
Tacoma, Wash., May 13 – Buenos Aires is offering new series 12 notes under its $2.29 billion medium-term note program, according to a news release.
The city will use the proceeds to fund a tender offer for up to $390 million principal amount of its 9.95% series 10 notes due 2017.
The tender offer will end on May 23. The settlement date is scheduled for June 1.
The dealer managers of the tender offer are BofA Merrill Lynch, Deutsche Bank Securities Inc. and HSBC Securities (USA) Inc.
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