Argentina's Edenor increases class 7 bond holding; trust dissolved

By Caroline Salls

Pittsburgh, Sept. 15 - Empresa Distribuidora y Comercializadora Norte SA (Edenor) said it increased its class 7 bond holding to $51.69 million as a result of the dissolution of an irrevocable discretionary trust, according to a company news release.

The company said it originally issued $220 million of the class 7 bonds due 2017.

Macro Bank Ltd. was the trustee of the dissolved trust.

Edenor is an electricity distribution company based in Buenos Aires.

© 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.