Edenor Gets 80% in Liability Management

Edenor Gets 80% in Liability Management

Argentina Chile Bonds

Endenor says it has received $116.7m (78.5%) in outstanding 10.5% of 2017 bonds from the market, via repurchase and exchange offers expiring at the end of the month. The Argentine electric distributor has received acceptance from holders of $30.6m (20.6%) for direct repurchase, and $86.1m (57.9%) in exchange for new 9.75% 2022 bonds. The offer is funded by the sale last week of an additional $140m of the new B2/B minus 9.75% 2022 NC8 bonds, which priced at par. "Given the company’s quality and t

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial