Pampa Energía peddles peso bonds in busy auction

Pampa Energía peddles peso bonds in busy auction

Bonds Debt Fixed Income Energy Argentina Latin America

Pampa Energía, one of the largest energy companies in Argentina, said Monday that it sold ARS6.36 billion ($88.5 million) worth of peso-denominated bonds in an active auction, while feedlot operator Inversora Juramento sold ARS600 million in local-currency notes. Pampa Energía sold more than four times the minimum — the equivalent of $20 million — of the 13-month notes at auction on Friday, with orders reaching a total of ARS7.1 billion. The bonds priced at 250 basis points over Badlar, a local

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