Pampa Holding Raises $180 Million

Argentine energy holding company Pampa Holdings, part of Dolphin Group, priced its share offering at 2.23 pesos per share ($0.714) and its GDS at $18, the company said on Friday. The company is selling 600 million of new shares via the Buenos Aires Stock Exchange. The subscription period for the new shares will close on February 9. UBS Securities and Raymond James & Associates are arranging the transactions. In October last year Pampa issued 300 million shares worth $112 million via the Stock Exchange as part of a structural reorganization and move to increase its share capital.