Pampa on hold as peso weakness takes toll

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Pampa on hold as peso weakness takes toll

Neuquén, Neuquen, Argentina
This photo released by the Government of Neuquen, Monday, May 27, 2013, shows a plume of ash and smoke rise from the Copahue volcano, as seen from Caviahue, in the Argentine province of Neuquen, Friday, May 24, 2013. Chile has issued a red alert for the Copahue volcano on the border with Argentina that has become increasingly active. The nearly 10,000-foot (2,965-meter) volcano sits in the Andes cordillera, straddling the border with Argentina's Neuquen province. (AP Photo/Government of Neuquen, Tony Huglich) | Tony Huglich/AP/Press Association Images

Argentine energy holding company Pampa Energía said on Thursday that it was delaying a planned peso-linked bond sale, as Lat Am DCM bankers said that caution was the most sensible path for the borrower.

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