Hidroelectrica Piedra del Aguila extends $200 million fixed-rate notes subscription deadline to July 3

By Caroline Salls

Pittsburgh, June 29 - Hidroelectrica Piedra del Aguila SA extended the deadline to subscribe to its $200 million issue of fixed-rate notes due 2017 to July 3 from June 29, according to a company news release.

As previously reported, the notes are being issued under the company's $500 million notes program.

The minimum subscription amount is $2,000, and notes can be purchased in increments of $1,000.

Standard & Poor's International Ratings LLC (Sucursal Argentina) has rated the notes raA- on a local scale and B on the global scale.

Merrill Lynch, Pierce, Fenner & Smith Inc. is the international placement agent, and Merrill Lynch Argentina SA is the placement agent in Argentina.

The issuer is an Argentine electric company.

© 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.