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Published on 9/29/2016 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

Inversora Electrica de Buenos Aires exchanges $120.13 million of bonds

By Caroline Salls

Pittsburgh, Sept. 29 – Inversora Electrica de Buenos Aires SA issued series E and series F fixed-rate bonds due Dec. 26, 2022 under its $200 million global program as part of an exchange of series C and series D bonds, according to a news release.

Specifically, $72.3 million of the series E bonds and $2.7 million of the series F bonds were issued.

The company said it accepted the exchange of $115.5 million of series C bonds and $4.63 million of series D bonds.

The exchange date was Sept. 26.

A total of $11.67 million of the existing bonds remains outstanding.

Inversora is a Buenos Aires-based utilities company.


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