Cash & Debt Overview

Resumen de Caja y Deuda

Cash and Debt, by Segment (in US$ million)
As of March 31, 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 165 140 515 515 350 375
Electricity distribution 69 38 168 93 99 55
Petrochemicals
Holding and others 48 48 (48) (48)
Oil and gas 160 160 1,098 1,098 938 938
Total 443 386 1,782 1,706 1,339 1,320
Affiliates at ownership 134 134 423 423 289 289
Total with affiliates 577 521 2,205 2,129 1,627 1,608
Total Restricted Group2 373 348 1,613 1,613 1,240 1,265

Note: FS: Financial Statements. 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 Consolidated figures excluding Edenor and affiliates, according to the definition in Pampa Energía’s debt indenture.

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 300 137 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 500 422 7.375%
USP7464EAA49 CB Series I – discount at fixed rate 2027 750 646 7.5%
USP7464EAB22 CB Series III – discount at fixed rate 2029 300 293 9.125%
In AR$
Pampa Energía n.a. CB Series E2 2020 575 575 Badlar Privada
n.a. CB Series IV3 2020 1,238 1,238 Badlar Privada +3%
ARCTLL560045 CB Series V3 2020 565 565 Badlar Privada +5%

Note: Updated as of June 30, 2020. 1 Affiliates are not consolidated in Pampa’s Finacial Statements (FS), according to the International Financial Reporting Standards (IFRS). 2 Debt security issued by Loma De La Lata Thermal Power Plant (CTLL), a subsidiary merged to Pampa Energía. 3 Issued on April 30, 2020.

Credit Ratings
Foreign Currency Domestic Currency
S&P Global
CCC+
Moody’s Caa3
Fitch CCC AA-

Information updated as of June 26, 2020.