Pampa in $300 Million Offering

July 10, 2019

Cleary Gottlieb represented Pampa Energía S.A. (Pampa) in its international offering of Rule 144A/Regulation S Series 3 $300 million 9.125% notes due 2029.

The transaction priced on July 2, 2019, and closed on July 10, 2019. Pampa will use the net proceeds of the offering to refinance existing liabilities and finance capital expenditures in its energy businesses.

Pampa is an independent integrated energy company in Argentina. Pampa and its subsidiaries are engaged in the generation, distribution, and transmission of electricity in Argentina; oil and gas exploration and production; petrochemicals; and hydrocarbon commercialization and transportation mainly in Argentina.