Edenor SA (EDN) has released an update.
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Edenor SA announced its issuance of Senior Notes Class 7, totaling up to US$400 million under a US$750 million program, with credit ratings assigned by Fitch Ratings (CCC+/RR3) and Standard & Poor’s (CCC). These long-term fixed interest rate notes are set to mature in seven years, representing a significant financial move for the Argentine electricity distribution company.
For further insights into EDN stock, check out TipRanks’ Stock Analysis page.