May 2, 2013
Grupo Financiero Galicia will look to issue up to ARP220m ($42m) in domesti
Grupo Financiero Galicia will look to issue up to ARP220m ($42m) in domestic bonds, the Argentine financial services company says. The 18-month bonds are expected to sell at an interest rate set to the Badlar benchmark, with final pricing May 8. Galicia is managing the deal, rated AA minus on a national scale. Earlier this year, it raised its global issuance program amount to $100m from $60m.