Monday, January 15, 2007
IRSA To Issue $150 Million Bonds
Argentine property conglomerate IRSA is to issue 10 years bonds worth up to $150 million. The money raised will be used to finance expansion of its office-building business, including acquisitions. The bonds have been awarded a local A+ rating from Standard & Poor’s and an A minus national scale rating from Fitch. The issue will be coordinated by Citigroup and Credit Suisse.
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