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 1,036 652
Electricity distribution 8,157 4,219
Refining & distribution 10 10
Petrochemicals
Holding and others 9,262 9,262
Oil and gas 10,492 10,487
Total 28,958 24,630
Bank and Financial Debt
as of June 30, 2018
Consolidated
Financial Statements
Ownership Adjusted
Power generation(2) 24,302 24,302
Electricity distribution 9,641 4,987
Refining & distribution
Petrochemicals
Holding and others
Oil and gas 50,465 50,464
Total 84,408 79,753

Note: (1) It includes cash and short-term investments. (2) It does not include regulatory liability held against CAMMESA for AR$4,119 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 December 1, 2018.