Pampa Energía S A : Letter dated April 21, 2023 entitled “Relevant Event. Credit rating of the company´s bonds.” - Form 6-K
April 21, 2023 at 04:55 pm EDT
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I am writing to you, in my capacity as Head of Market Relations of Pampa Energía S.A. (the "Company") in order to inform that yesterday, FIX (affiliate of Fitch Ratings) ("FIX") upgraded its Long-Term Issuer and Company´s outstanding bonds rating to AA+(arg) from AA(arg). The rating upgrade is based mainly on the greater predictability in the generation of operating cash flow from the extension of the Plan Gas that is valid until 2028 and an expected incremental production in the E&P segment.
Pampa Energia SA published this content on 21 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2023 20:54:26 UTC.
Pampa Energia S.A. is an integrated electricity company. The Company, through its subsidiaries, is engaged in the generation, transmission and distribution of electricity in Argentina. Its segments include generation, transmission, distribution, oil and gas, and holding and others. Its generation segment includes a direct and indirect equity interest in Central Piedra Buena S.A., Central Termica Guemes S.A., Central Termica Loma de la Lata S.A. and Pampa Comercializadora S.A, among others, and investments in companies in the electricity generation sector. Its transmission segment includes an indirect equity interest through Compania Inversora en Transmision Electrica Citelec S.A. Its distribution segment includes an indirect equity interest in Electricidad Argentina S.A. and Empresa Distribuidora y Comercializadora Norte S.A. Its Oil and gas segment includes a direct interest in Petrolera Pampa S.A. Its holding and others segment includes financial investment operations, among others.