Wind Bonds Cross Finish Line
Aug 9, 2012
Acciona’s Oaxaca II and IV units have priced $298m in 2031 notes, giving LatAm its first wind energy project bonds. The transaction that bankers and issuers hope can be a model for others had to widen pricing in order to convince investors wary of the deals’ novelty and small size. The issuer ended up paying a 7.25% yield, after giving 6.50%-area guidance earlier in its long...
Already have an account?
Subscribe
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Subscribe
Free trial
Take a free two-week trial now for the latest news, data and market analysis.
Free Trial