Cash & Debt Overview

Resumen de Caja y Deuda

Cash and Debt, by Segment (in AR$ million)
Cash
as of June 30, 2018(1)
Consolidated
Financial Statements
Ownership Adjusted
Power generation 716 446
Electricity distribution 5,967 3,043
Refining & distribution 14 14
Petrochemicals
Holding and others 6,640 6,640
Oil and gas 13,491 13,487
Total 26,828 23,631
Bank and Financial Debt
as of June 30, 2018
Consolidated
Financial Statements
Ownership Adjusted
Power generation(2) 17,207 17,207
Electricity distribution 6,596 3,364
Refining & distribution
Petrochemicals
Holding and others
Oil and gas 36,403 36,403
Total 60,206 56,975

Note: (1) It includes cash and short-term investments. (2) It does not include regulatory liability held against CAMMESA for AR$3,764 million.

Listed Debt Securities (In Million)
Company Security Maturity Amount Issued Amount Outstanding Coupon
In US$
Transener1 CB Series 2 2021 101 99 9.75%
Edenor CB par at fixed rate 2022 300 176 9.75%
TGS1 CB at discount at fixed rate 2025 500 500 6.75%
Pampa Energía CB Series 4 US$-Link2,3 2020 34 34 6.25%
CB Series T at discount at fixed rate 2023 500 500 7.375%
CB Series I at discount at fixed rate 2027 750 750 7.5%
In AR$
Pampa Energía CB Series A3 2018 282 282 Badlar Privada
CB Series E3 2020 575 575 Badlar Privada

Note: (1) Affiliates are not consolidated in Pampa’s FS, according to the IFRS standards. (2) CB dollar-link, with initial FX rate of AR$8.4917 /US$. (3) Debt securities issued by CTLL, a power generation subsidiary merged by absorption to Pampa Energía.

Credit Ratings
Foreign Currency Domestic Currency
Fitch B
Moody’s B2
S&P Global B+ AA-

Information updated as of September 20, 2018.