The oil and gas company sold foreign bonds for the first time in its history.
Vista Energy announced this Thursday the completion of the pricing process (pricing) from a series of negotiable obligations which will be governed by the law of New York, United States, and issued by Vista Energy Argentinathe main subsidiary of the company.
Likewise, the closing of the offer is expected to occur on December 10, 2024. It was carried out on North American soil and in other jurisdictions, for an amount of US$600 millionunder the global program for the issuance of simple negotiable obligations (not convertible into shares) approved by the Ordinary and Extraordinary General Assembly of Vista Argentina on May 7, 2019.
Under this line, the negotiable obligations will have an interest rate of 7.625% and an average life of 10 years; and capital amortizations will be on the 9th, 10th and 11th anniversaries of the issue.
Source: Ambito
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