Argentina's Ribeiro to offer Ps. 5 million class E notes at par

By Caroline Salls

Pittsburgh, March 30 - Ribeiro SACIFA eI will begin a public offer to sell up to Ps. 5 million class E notes due Oct. 2, 2012 at par under its up to Ps. 50 million five-year notes program, according to a company news release.

Interest will be 30-day Baibor plus 600 basis points.

A minimum of Ps. 1,000 of the notes must be purchased.

Net proceeds will be used for working capital and/or to refinance the company's debt.

Ribeiro is a Buenos Aires, Argentina, financial company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.