GPAT Compañía Financiera SA raised 500 million Argentine pesos in a securities offering of its negotiable bond series XXX, according to an Oct. 3 securities filing.
The bonds, which were divided into classes A and B, will be issued Oct. 5.
The 12-month class A bonds received subscriptions for some 303.9 million pesos, GPAT said.
Meanwhile, the company raised 191.1 million pesos with the 36-month class B securities.
As of Oct. 3, US$1 was worth 17.43 Argentine pesos.