Business Context and Reporting Period
This Form 6-K filing by Transportadora de Gas del Sur S.A. (Gas Transporter of the South Inc.) is dated August 21, 2009. The report concerns the company's US$500,000,000, 7.875% Notes Due 2017.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or margin data. The only specific financial metric disclosed is the principal value of debt repurchased.
- Debt Repurchased: US$6,650,000 (aggregate principal value).
- Notes Outstanding: US$500,000,000 (total issuance).
Material Changes
The company executed an open market repurchase of its 7.875% Notes Due 2017. This action reduces the outstanding principal of this specific debt instrument by US$6,650,000. The filing does not provide comparative data to the prior period.
Outlook, Risks, and Unusual Items
Management intends to cancel the repurchased notes and remove them from listing and trading on the Bolsa de Comercio de Buenos Aires, the Mercado Abierto Electrónico S.A., and the Euro MTF Market. The company will request the Trustee to facilitate the cancellation. No other risks, contingencies, or unusual items are disclosed in this specific filing.
Investor Verification Checklist
- Verify the total outstanding principal of the 7.875% Notes Due 2017 after the US$6,650,000 reduction.
- Confirm the completion of the cancellation process with the Trustee.
- Check for subsequent filings regarding the delisting of these notes from the specified exchanges.
- Note that this filing contains no operational or earnings data; refer to Form 20-F for full financial performance.