The Bank of New York announced today hat it has been selected as successor depositary for the Transportadora e Gas del Sur S.A. (TGS) American depositary receipt (ADR) facility. Each TGS ADR represents five common shares. The common shares trade in Argentina on the Bolsa de Comercio de Buenos Aires, and the ADRs trade on the New York Stock Exchange under the symbol “TGS.” TGS is an Argentine natural gas transportation company, operating an extensive gas pipeline system. TGS began its operations at the end of 1992, as a result of the privatization of Gas del Estado.
BNY Wins Transportadora de Gas del Sur ADR Mandate
The Bank of New York announced today hat it has been selected as successor depositary for the Transportadora e Gas del Sur S.A. (TGS) American depositary receipt (ADR) facility. Each TGS ADR represents five common shares. The common shares trade
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