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Abengoa Project Preps Bond Takeout

Dec 13, 2011

Abengoa Cogeneracion Tabasco (ACT) is heard to be preparing investor meetings this week via Credit Suisse for an up to $600m senior secured 2032 bond, after Fitch and S&P assigned a BBB minus ratings to the offering. The bulk of financing is expected to take-out bank debt, while the remainder will cover construction costs...

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