January 16, 2014
Enlasa Generacion Chile will sell a 10 NC 2.5 bond of up to $66m equivalent
Enlasa Generacion Chile will sell a 10 NC 2.5 bond of up to $66m equivalent in Chile’s local market next week, LatinFinance understands. The electricity company is heard targeting Wednesday or Thursday, following investor meetings last week. Tranches in Chilean pesos, UF and dollars are possible. Humphreys rates the bond AA and ICR, AA-. The bonds will carry make-whole call provisions, and will be callable from November 2016. IMTrust and Penta lead.