Banco Hipotecario buys back bonds
Bnamericas Published: Wednesday, January 11, 2006
Argentine mortgage bank Banco Hipotecario in December bought back US$9.8mn in subordinated bonds due 2010 and US$1.2mn in bonds maturing in 2013, the bank told local securities regulator CNV. The bank's dollar-denominated debt due in 2010 and 2013 now totals US$50mn and US$314mn respectively, Hipotecario said.
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