Pampa Sets Price For Share Offering

Argentine energy holding company Pampa Holdings, part of Dolphin Group, has set a guidance price of 2.2998 pesos ($0.74) for its upcoming share offering. The company is planning to issue up to 600 million of new shares next month via the Buenos Aires Stock Exchange. The subscription period for the new shares will run from January 31 until February 9. In October last year it issued 300 million shares worth $112 million via the Stock Exchange as part of a structural reorganization and move to increase its share capital.