Loan & DebtJun 24, 2026, 04:27 PM
Edenor Partially Cancels $13.44M Class 3 & $11.82M Class 5 Senior Notes
AI Summary
Edenor announced the partial cancellation of its Class 3 and Class 5 Senior Notes. This was achieved by issuing new Class 10, Series II Senior Notes with a nominal value of $26,661,757, denominated and payable in US Dollars at a fixed annual rate of 9.5%, maturing on April 28, 2033. The company cancelled $13,438,158 of Class 3 Notes and $11,822,787 of Class 5 Notes, with significant amounts remaining outstanding for both classes.
Key Highlights
- Issued Class 10, Series II Senior Notes for $26,661,757 at 9.5% annual rate, maturing April 28, 2033.
- Paid-in-kind for new notes through delivery of Class 3 and Class 5 Notes.
- Cancelled $13,438,158 nominal value of Class 3 Senior Notes.
- Remaining outstanding Class 3 Senior Notes total $82,324,530.
- Cancelled $11,822,787 nominal value of Class 5 Senior Notes.
- Remaining outstanding Class 5 Senior Notes total $70,097,400.
Price Impact
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