Edenor Sets IPO Terms

Edenor, the largest electricity distribution company in Argentina, has set its proposed IPO terms to around 15.16 American depository shares being offered at between $16 and $18 per share.  It plans to trade on the NYSE under ticker symbol EDN, with Citigroup and JPMorgan serving 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