×
For more information, get in touch with our team:
+44 7918 53 08 73
Hint mode is switched on Switch off
For swift navigation between sections

International bonds: Transener, 8.875% 15dec2016, USD
USP3058XAJ48

DATA PLATFORM FOR FINANCIAL MARKET PROFESSIONALS AND INVESTORS
  • High performance interface for global bond market screening
  • Full information on close to 500,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 100 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

Trading chart

Stock exchange selection
Stock exchange selection
More about Cbonds Estimation
Bond is not traded; the issue is redeemed
Data display in a chart | table
Data display in a chart | table
Work with the chart: switching the price, period, issue comparison
Work with the chart: switching the price, period, issue comparison
Download the chart in a convenient format
Customize fields in the table
Found: {{ graphTablePointsTotal }}
Show all fields
* Data is not available within the selected subscription
Latest data on

Issue information

Profile
Transener is an Argentina-based company primarily engaged in the provision and distribution of high-voltage electric power. It owns a national transmission network, which consists of approximately 8,800 kilometers of transmission lines, together with more than 5,000 ...
Transener is an Argentina-based company primarily engaged in the provision and distribution of high-voltage electric power. It owns a national transmission network, which consists of approximately 8,800 kilometers of transmission lines, together with more than 5,000 kilometers operated by its 90%-owned subsidiary Empresa de Transporte de Energia Electrica por Distribucion Troncal de la Provincia de Buenos Aires SA (Transba). Additionally, it offers such professional services as lines and substation maintenance, lines and substation operation, supervision and inspection of transmission works, engineering and consulting, among others. It has 99%-owned subsidiary Transener Internacional Ltda. Transener is in 52.65% held by Citelec SA.
  • Borrower
    Go to the issuer page
    Transener
  • Full issuer name
    Compania de Transporte de Energia Electrica en Alta Tension Transener SA
  • Sector
    corporate
  • Industry
    Power
  • Stocks
Volume
  • Placement amount
    220,000,000 USD
  • Outstanding amount
    53,708,803 USD
Nominal
  • Minimum Settlement Amount
    2,000 USD
  • Outstanding face value
    *** USD
  • Par amount, integral multiple
    *** USD
  • Nominal
    1,000 USD

Cash flow parameters

  • Reference rate
    ***
  • Coupon Rate
    ***
  • Day count fraction
    ***
  • Interest Accrual Date
    ***
  • Coupon frequency
    *** time(s) per year
  • Payment currency
    ***
  • Delay days
    *** days
  • Maturity date
    ***
  • Early redemption date
    ***

Cash flow

Calculations for international bonds are made according to the minimum trading lot

Early redemption terms

***

DATA PLATFORM FOR FINANCIAL MARKET PROFESSIONALS AND INVESTORS
  • High performance interface for global bond market screening
  • Full information on close to 500,000 bonds from 180 countries
  • 100% coverage of Eurobonds worldwide
  • Over 300 primary sources of prices
  • Ratings data from all international and local ratings agencies
  • Stock market data from 100 world trading floors
  • Intuitive, high speed user interface
  • Data access via the website, mobile application and add-in for Microsoft Excel

Placement

  • Placement method
    Open subscription
  • Placement type
    Public
  • Order book
    *** (***) - *** (***)
  • Coupon (Yield) Guidance
    ***% - ***% (*** - ***%)
  • Placement
    *** - ***
  • Initial issue price (yield)
    (***%)
  • Bids
    *** USD
  • Number of bids
    ***
  • Geographic breakdown
    ***
  • Investor breakdown
    ***
  • The purpose of placing
    We estimate that the net proceeds from the sale of the Notes will be approximately US$217.5 million after deducting the Dealers' discount and estimated offering expenses. The company intends to use the net proceeds from this offering to refinance a portion of our existing indebtedness and for working capital purposes in Argentina in accordance with the requirements of Article 36 of the Negotiable Obligations Law and other applicable regulations. Specifically, we plan to repurchase Par Notes that are validly tendered to us pursuant to the Tender Offer and the Proxy Solicitation and to make ancillary payments thereto. As of September 30, 2006, the outstanding aggregate principal amount of the Par Notes was US$53.6 million. This amount has not changed since September 30, 2006. The Par Notes currently bear interest at a rate of 3.00%. We also plan to use the proceeds to redeem all of our outstanding Discount Notes, which currently bear interest at a rate of 9.00% per annum. As of September 30, 2006, the outstanding aggregate principal amount of the Discount Notes was US$197.3 million. This amount has not changed since September 30, 2006. On December 15, 2006, we will make an amortization and interest payment of US$1.5 million for the Par Notes and US$11.4 million for the Discount Notes. These amortization and interest payments will not be paid with the net proceeds from the sale of the Notes. See “Capitalization” and “Description of Refinancing.” RATING The Notes have been rated raBBB in Argentina and B internationally by S&P and BBB+ in Argentina and B internationally by Fitch. A credit rating is not a recommendation to buy, sell or hold the Notes and may be subject to revision, suspension or withdrawal at any time. As required by Section 36 of the Negotiable Obligations Law, we will use any net proceeds from the offer and sale of any Notes issued under the Program for one or more of the following purposes: (i) to invest in tangible assets located in Argentina, (ii) for working capital to be used in Argentina, (iii)
  • Listing
    ***
Participants
  • Bookrunner
    ***, ***

Conversion and exchange

  • Convertion date
    ***
  • Initial premium
    ***%
  • Convertible until
    ***
  • Lock-up
    *** days
  • Conversion terms
    ***

Additional information

***

Latest issues

Identifiers

  • Registration
    ***
  • Date of program registration
    ***
  • ISIN RegS
    ***
  • ISIN 144A
    ***
  • CUSIP RegS
    ***
  • CUSIP 144A
    ***
  • Common Code RegS
    028038526
  • Common Code 144A
    028038461
  • CFI RegS
    DBFUGR
  • CFI 144A
    DBFUGR
  • FIGI RegS
    BBG0000GD927
  • FIGI 144A
    BBG0000GD8W6
  • SEDOL
    BDD4C70
  • Ticker
    TRANAR 8.875 12/15/16 REGS
  • Type of security by CBR
    ***

Ratings



Bond classification

  • Registered
  • Coupon bonds
  • Restructuring
  • Amortization
  • Callable
  • CDO
  • Convertible
  • Dual currency bonds
  • Floating rate
  • For qualified investors (CIS region)
  • Foreign bonds
  • Green bonds
  • Indexed
  • Supranational bond issues
  • Mortgage bonds
  • Perpetual
  • Payment-in-kind
  • Non-Marketable Securities
  • Redemption Linked
  • Retail bonds
  • Covered
  • Securitization
  • Structured product
  • Subordinated
  • Sukuk
  • Trace-eligible

Restructuring

***

***