December 18, 2018 |
NiQuan Energy has put off a planned bond issue until the week of January 7 to give US and European investors more time to consider the deal, LatinFinance has heard.
The energy company from Trinidad and Tobago still intends to raise between $100m and $150m from its first its first dollar-denominated debt sale, but it is running out of time to do it before the Christmas and New Year's holidays, said a source involved in the deal.
"It's really just a timing issue," the source said. "The challenge
Trinidadian energy company now aims to issue its first dollar-denominated notes during the week of January 7