GNL Quintero eyes bond

GNL Quintero eyes bond


Chilean regasification company GNL Quintero is planning a $1.1bn bond to take out project finance debt, rating agencies said on Wednesday. The proposed 15-year amortizing senior unsecured bond has been rated Baa2/BBB/BBB+. Proceeds will refinance debt from construction of its liquefied natural gas regasification terminal, which is the largest in Chile. Fitch said its rating reflected the company's role as a key strategic asset for the Chilean sovereign. “Furthermore, the ratings reflect the comp

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