Toyota Compañía Financiera de Argentina SA on Dec. 18 will offer 100.0 million Argentine peso of short-term variable rate negotiable debt, according to a Dec. 14 filing.
The offering of the 180-day securities is extendable to 200.0 million peso and will consist of both a competitive tranche and noncompetitive tranche. The securities, which have been priced at par, will be issued and liquidated on Dec. 21.
Banco de Galicia y Buenos Aires SA is serving as settlement agent for the offering.
As of Dec. 14, US$1 was equivalent to 17.35 Argentine peso.
