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Argentina's GPAT Compañía Financiera approves 450M-peso debt offering

The board of GPAT Compañía Financiera SA approved the issuance of series XXXII notes for up to 450.0 million Argentine pesos, according to a regulatory filing.

The company did not specify the terms of the offering, nor set the auction and issuance dates.

The issuance is part of the bank's global negotiable obligations program.

As of Feb. 21, US$1 was equivalent to 19.87 Argentine pesos.