Pampa Energia SA (PAM) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Pampa Energía S.A. has successfully concluded its cash tender offer for the purchase of its 7.500% Series 1 Notes due in 2027, with approximately 52.91% of the outstanding notes being tendered by the expiration deadline. The company plans to settle the tendered notes, including those submitted through Guaranteed Delivery Procedures, by September 10, 2024, using the proceeds from a concurrent offering of new notes. This strategic financial move aims to streamline the company’s debt profile and is part of its broader financial management plan.
For further insights into PAM stock, check out TipRanks’ Stock Analysis page.
