Generator Preps Hybrid Bond

Generator Preps Hybrid Bond

Chile Bonds Structured Finance

AES Gener plans to sell $450m in new junior subordinated hybrid bonds, according to a Fitch report assigning a BB rating to the transaction. Starting Wednesday, the Chilean generator will market the deal in Lima, Hong Kong, Santiago, Singapore, Los Angeles, Switzerland, Boston and London, before ending in New York December 4 or 5, according to people familiar with the process. Citi and Goldman Sachs are managing. The bond should have a 2073 maturity, and allow Gener to raise funds to finance its

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