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Banco Macro S.A. Announces Notes Offering Under Medium-Term Note Program

BMA

PR Newswire

BUENOS AIRES, Argentina, Oct. 24, 2016 /PRNewswire/ -- Banco Macro S.A. (NYSE:BMA; BCBA:BMA) announced today that it plans to offer up to USD400 million of notes due 2026 during the fourth quarter of 2016, as part of its medium-term note financing program, in a transaction exempt from the registration requirements of the U.S. Securities Act of 1933.  Banco Macro intends to use the net proceeds from the sale to refinance outstanding debt, to make loans in accordance with Central Bank guidelines and for general working capital.

The debt securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or any state securities law. The debt securities  may not be offered or sold within the U.S. or to U.S. persons, except to qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act and to non-U.S. persons in offshore transactions in reliance on Reg S under the Securities Act. This announcement is not an offer to sell or a solicitation of an offer to buy such debt securities and is issued pursuant to Rule 135c of the U.S. Securities Act. 

This press release is available under the "Financial Information/Press Releases" section, or, in the Spanish version under "Información Financiera/Comunicados de Prensa", of Banco Macro's Investor Relations web site.

This press release includes statements concerning potential future events involving Banco Macro that could differ materially from the events that actually occur.  The differences could be caused by a number of risks, uncertainties and factors relating to Banco Marco's business.  Banco Macro will not update any forward-looking statements made in this press release to reflect future events or developments.

IR Contact in Buenos Aires:
Jorge Scarinci | Finance & IR Manager
Ines Lanusse | Investor Relations
E-mail: investorelations@macro.com.ar | Phone: (5411) 5222 6682

About
Banco Macro S.A (NYSE: BMA; Buenos Aires: BMA) is a universal bank, with focus in low & mid-income individuals and small & mid-sized companies. The Bank started operating in 1985 as non-banking financial institution and today has grown to be the private local bank with the largest branch network in the country. 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/banco-macro-sa-announces-notes-offering-under-medium-term-note-program-300349664.html

SOURCE Banco Macro S.A.