Colombia's EEB Brings Jumbo Bond

Colombia's EEB Brings Jumbo Bond

Colombia

EEB, Colombia's state-controlled power and generation company, launched Monday a long-awaited new issue for $500m-$710m in bonds, with maturities of between 8 and 10 years. The roadshow hits London Wednesday, New York Thursday, the West Coast Friday and Boston on Monday and should price soon afterwards. The transaction is rated BB by Fitch, with a similar rating expected from S&P. Proceeds are being used to take out a bridge loan used to acquire Ecogas. EEB is also the controlling stakeholder of

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