July 28, 2020 |
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
Argentine energy company issues $88.5 mln in 13-month bonds, but declines to sell dollar-linked notes