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Banco Comafi raises 350M Argentine pesos in offering

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Banco Comafi raises 350M Argentine pesos in offering

Banco Comafi SA said it will issue 350 million Argentine pesos worth of 36-month bonds after receiving 32 offers worth a total of 442 million pesos.

The notes, which will be issued on Oct. 13, were part of a 100-million-peso placement that was expandable to 350 million pesos.

As of Oct. 11, US$1 was equivalent to 17.43 Argentine pesos.