Argentina's Emdersa Launches $200m Share Sale

Argentina's Emdersa Launches $200m Share Sale


Argentine power distributor Empresa Distribuidora Electrica Regional opened yesterday the books for its offer of up to 155.6m ordinary class B shares in a local and international equity offering. The company anticipates a pricing of ARS3.70-ARS4.40 for ordinary class B shares and $11.75-$13.97 for global depository shares. In addition to Buenos Aires, the sale will also be carried out on exchanges in New York and Luxembourg, marking an IPO for the company in those markets. The owner of three dis

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