Cash & Debt Overview

Resumen de Caja y Deuda

Cash and Debt, by Segment (in US$ million)
As of September 30, 2020,
in US$ million		 Cash1 Financial debt Net debt
Consolidated
in FS		 Ownership
adjusted		 Consolidated
in FS		 Ownership
adjusted		 Consolidated
in FS		 Ownership
adjusted
Power generation 114 101 508 508 394 408
Electricity distribution 118 65 115 63 (3) (2)
Petrochemicals – – – – – –
Holding and others 18 18 – – (18) (18)
Oil and gas 220 220 1,099 1,099 879 879
Total under IFRS
 470 403 1,722 1,670 1,252 1,267
Affiliates at ownership2 171 171 419 419 248 248
Total with affiliates 641 574 2,141 2,090 1,500 1,515
Total Restricted Group3 352 338 1,607 1,607 1,255 1,269

Note: FS: Financial Statements; IFRS: International Financial Reporting Standards. 1 It includes cash and cash equivalents, financial assets at fair value with changing results and investments at amortized cost; it excludes Plan Gas’ bonds pending of collection. 2 Under IFRS, the affiliates Greenwind, OldelVal, Refinor, CTBSA (CT Barragán S.A.), Transener and TGS are not consolidated in Pampa. 3 Consolidated figures excluding Edenor and affiliates, according to the definition in Pampa Energía’s debt offering memorandums.

Listed debt securities (in million)

 

Company ISIN
 Security Maturity Amount issued Amount outstanding Coupon
In US$
Transener1 USP3058XAK11 CB Series 2 2021 101 91 9.75%
Edenor USP3710FAJ32 CB – par at fixed rate 2022 300 98 9.75%
TGS1 USP9308RAZ66 CB – discount at fixed rate 2025 500 482 6.75%
Pampa Energía USP7873PAE62 CB Series T – discount at fixed rate 2023 500 390 7.375%
USP7464EAA49 CB Series I – discount at fixed rate 2027 750 636 7.5%
USP7464EAB22 CB Series III – discount at fixed rate 2029 300 293 9.125%
In AR$
Pampa Energía ARPAMP560095 CB Series VI 2020 6,355 6,355 Badlar Privada +2.5%

Note: Updated as of  November 11, 2020. 1 Affiliates are not consolidated in Pampa’s Finacial Statements (FS), according to the International Financial Reporting Standards (IFRS).

Credit Ratings
Foreign Currency Domestic Currency
S&P Global
 CCC+ –
Moody’s Caa3 –
Fitch CCC AA- (long-term)

A1+ (short-term)

Information updated as of November 11, 2020.