December 27, 2006
Edemsa, the electricity distributor of the province of Mendoza in Argentina
Edemsa, the electricity distributor of the province of Mendoza in Argentina, is to issue bonds worth $110 million, according to a filing with the Buenos Aires Stock Exchange. The issuance of the bonds is part of the company's debt restructuring program. Four series of the new notes will be issued, two will be offered to existing Edemsa bondholders in exchange for Series 2 or 3 bonds. The other two series of new bonds will be offered in exchange for private debt.