CEL pens two-part bond, RCF package

CEL pens two-part bond, RCF package

Capital Markets Debt Bonds Loans Barbados

Consolidated Energy Ltd. (CEL) has put pen to paper on a multi-faceted bond and loan package, pricing the majority of the facility on the tighter end of initial price talk (IPT), sources have confirmed. Barbadian-headquartered CEL priced a $400m eight-year non-call three bond within guidance, according to two DCM sources briefed on the deal, and also added $125m to its 2022 floating-rate note. Guidance on the new 2026 issuance was set between 6.25% and 6.5%, before leads launched and priced the

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