Edenor to tap local bond market

Edenor to tap local bond market

Bonds Debt Fixed Income Capital Markets Electricity Argentina

Edenor, the largest electricity distribution company in Argentina, said it will seek to raise as much as $30 million in the sale of 26-month bonds in the local market next week. The company will start the offer on September 20 at a minimum of $16 million and raise that amount based on demand, according to a securities filing. The US dollar-denominated bullet bonds will pay an interest rate to be determined during the bidding process, Edenor said. The company said it will use the proceeds from th

Already have an account?

Free trial

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

Free Trial