December 7, 2017 |
Sempra Energy’s Mexican unit, IEnova, will likely price benchmark-sized 10- and 30-year bonds on Thursday, DCM sources said.
Bank of America Merrill Lynch, Citi and Scotiabank started initial price talk in the high 100bp area over US Treasuries on the 10-year note and the high 200bp area on the longer-dated bond.
Over the past 18 months, Baa1/BBB/BBB+ IEnova has obtained new projects, including a $2.1bn marine pipeline, of which it holds 40% in a joint venture with Transcanada. The company also
Mexican natural gas distributor outlines initial price talk on a multi-tranche benchmark-sized offering