By Paul A. Harris and Reshmi Basu
New York, April 22 - Petrobras Energia Participaciones SA priced a $100 million add-on to its existing $100 million 9 3/8% notes due 2013 at 101.407 to yield 9.15%, according to a market source.
The original issue was priced in October 2003 to yield 9.5%.
Proceeds will be used to repay existing debt, the Buenos Aires energy company said.
Deutsche Bank ran the books for the Rule 144A offering.
Issuer: Petrobras Energía Participaciones S.A
| Amount: | $100 million add-on (total size now $200 million)
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| Issue: | Notes
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| Maturity: | Oct. 30, 2013
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| Coupon: | 9 3/8%
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| Issue price: | 101.407
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| Yield: | 9.15%
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| Pricing date: | April 22
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| Settlement date: | April 30
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| Bookrunner: | Deutsche Bank
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