E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/17/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Argentina’s Tecpetrol to redeem 4 7/8% notes due 2022 on Nov. 1

By Mary-Katherine Stinson

Lexington, Ky., Oct. 17 – Tecpetrol SA will redeem its 4 7/8% notes due 2022 (Cusips: 87876TAE4, P90187AE8) at par plus interest on Nov. 1, according to a notice.

Interest will cease to accrue on the redemption date and all redeemed notes will be canceled.

The offer is conditional on the company having sufficient funds by Oct. 31 to fund the redemption.

The Rule 144 A and Regulation S notes are guaranteed by parent Tecpetrol International SLU.

Bank of New York Mellon is the trustee, co-registrar and paying agent.

Banco Santander Rio SA is the registrar, Argentine paying agent and transfer agent and representative of the trustee in Argentina.

Based in Buenos Aires, Tecpetrol is an oil and gas exploration & production company with operations in Argentina, Peru, Mexico, Colombia, Bolivia, Ecuador and Venezuela.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.