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Tarjetas Cuyanas Targets 12%
Argentine credit card issuer Tarjetas Cuyanas, 60% owned by Banco Galicia, will look to price $65m worth of 2012 peso-linked amortizers today at around 12%, according to guidance issued Wednesday. Banco Galicia and Barclays have joint books. Tarjeta Naranja, another credit card company owned by the same parent, issued $100m in peso-linked amortizing bonds in November.
