Cash & Debt Overview
Resumen de Caja y Deuda
Cash and Debt, by Segment (in US$ million)
| Cash as of June 30, 2019(1) |
Consolidated Financial Statements |
Ownership Adjusted |
|---|---|---|
| Power generation | 143 | 125 |
| Electricity distribution | 78 | 40 |
| Petrochemicals | – | – |
| Holding and others | 57 | 57 |
| Oil and gas | 173 | 173 |
| Total | 450 | 394 |
| Bank and Financial Debt as of June 30, 2019 |
Consolidated Financial Statements |
Ownership Adjusted |
|---|---|---|
| Power generation(2) | 544 | 544 |
| Electricity distribution | 204 | 106 |
| Petrochemicals | – | – |
| Holding and others | 13 | 13 |
| Oil and gas | 1,109 | 1,109 |
| Total | 1,871 | 1,772 |
Note: (1) It includes cash and cash equivalents, financial assets at fair value with changing results and investments at amortized cost. (2) It does not include regulatory liability held against CAMMESA for US$126.6 million.
Listed Debt Securities (In Million)
| Company | Security | Maturity | Amount Issued | Amount Outstanding | Coupon |
|---|---|---|---|---|---|
| In US$ | |||||
| Transener1 | CB Series 2 | 2021 | 101 | 94 | 9.75% |
| Edenor | CB par at fixed rate | 2022 | 300 | 164 | 9.75% |
| TGS1 | CB at discount at fixed rate | 2025 | 500 | 500 | 6.75% |
| Pampa Energía | CB Series T at discount at fixed rate | 2023 | 500 | 500 | 7.375% |
| CB Series I at discount at fixed rate | 2027 | 750 | 740 | 7.5% | |
| CB Series 3 at discount at fixed rate2 | 2029 | 300 | 300 | 9.125% | |
| In AR$ | |||||
| Pampa Energía | CB Series E3 | 2020 | 575 | 575 | Badlar Privada |
Note: (1) Affiliates are not consolidated in Pampa’s FS, according to the IFRS standards. (2) Issued on July 3, 2019. (3) Debt securities issued by CTLL, a power generation subsidiary merged by absorption to Pampa Energía.
Credit Ratings
| Foreign Currency | Domestic Currency | |
|---|---|---|
| S&P Global |
B | – |
| Moody’s | B2 | – |
| Fitch | B | AA- |
Information updated as of August 12, 2019.