Published on 7/3/2007 in the Prospect News Emerging Markets Daily.
New Issue: Hidroelectrica Piedra del Aguila prices $100 million 9% class 1 notes at 98.557
By Caroline Salls
Pittsburgh, July 3 - Hidroelectrica Piedra del Aguila SA sold $100 million of 9% class 1 fixed-rate notes at a price of 98.557 under its $500 million notes program, according to a company news release.
Merrill Lynch is the lead manager.
The issuer is an Argentine electric company.
| Issuer: | Hidroelectrica Piedra del Aguila SA
|
| Issue: | Class 1 fixed-rate notes
|
| Amount: | $100 million
|
| Maturity: | July 11, 2017
|
| Coupon: | 9%
|
| Price: | 98.557
|
| Pricing date: | July 3
|
| Settlement date: | July 11
|
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