AES Dominicana Whispers Bond Price

AES Dominicana Whispers Bond Price

Dominican Republic Bonds

AES Dominicana has been whispering in the high 9%s yield for a new 10-year NC5 bond expected to price as soon as today. The subsidiary of US-based power company AES is looking to raise funds to cover a bond buyback of up to $258m, and was due to finish investor meetings today. The issuer is refinancing more expensive debt and has launched a tender for any and all of the $156m in outstanding AES Dominicana 11.000% of 2015 bonds and $102m outstanding of 10.875% of 2013 bonds issued by its Itabo un

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