Grupo Financiero Galicia Prices Senior Notes

Grupo Financiero Galicia SA (GGAL) has released an update.

Grupo Financiero Galicia S.A. has announced that its primary subsidiary, Banco de Galicia y Buenos Aires S.A.U., has successfully priced a $325 million offering of 7.750% Senior Notes due in 2028, aimed at refinancing debt, investing in assets, and other business-related financial needs. The offering, set to close on October 10, 2024, targets qualified institutional buyers in the U.S. and international investors, excluding public sale in the U.S. without registration or exemption.

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