Edenor Prices IPO

Edenor, the largest electricity distribution company in Argentina, priced around 15.16 American depository shares at $17 per share ($16-$18 range), for a U.S. IPO take of approximately $258 million. It will trade on the NYSE under ticker symbol EDN, while Citigroup and JPMorgan served as co-lead underwriters. Shareholders include New Energy Ventures, which is affiliated with a private equity fund controlled by Grupo Dolphin. www.edenor.com.ar