Pampa Energia to redeem remaining 7 3/8% notes at par on June 8

By Mary-Katherine Stinson

Lexington, Ky., May 5 – Argentina’s Pampa Energia SA will redeem its remaining outstanding 7 3/8% senior notes due July 21, 2023 (Cusips: 71647XAA5, P7873PAE6) issued by Petrobras Argentina SA, according to a notice.

The notes will be redeemed at par on June 8.

Accrued interest together with additional amounts, if any, will also be paid. Interest will cease to accrue on the redemption date.

After redemption, the notes will be canceled and delisted.

Bank of New York Mellon is the trustee, paying agent, registrar and transfer agent. Banco Santander Argentina SA is the Argentine registrar and transfer agent, Argentine paying agent and trustee representative in Argentina. Bank of New York Mellon SA/NV, Luxembourg Branch is the Luxembourg paying agent, listing agent and transfer agent.

The redemption follows the consummation of the company’s recent exchange offer. As of the July 29 expiration of the offer, $407,093,000, or 81.4%, of the outstanding $500 million 7 3/8% senior notes were tendered for exchange.

Pampa Energia is an energy company based in Buenos Aires.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.