BBVA Argentina Announces New Negotiable Obligations

Banco BBVA Argentina (BBAR) has released an update.

Banco BBVA Argentina S.A. has announced the approval by its Board of Directors for the issuance of a new class of Negotiable Obligations, which are part of a public offering within its Global Program, totaling up to US$500 million. The exact nominal value of these obligations will be determined by sub-delegates, with a ceiling set at AR$50 billion or its equivalent in other denominations.

For further insights into BBAR stock, check out TipRanks’ Stock Analysis page.