CTEEP sets up local debt sale

CTEEP sets up local debt sale

Debenture Debt Capital Markets Fixed Income Energy Electricity Brazil Colombia Rule 476

Brazil's Companhia de Transmissão de Energia Elétrica Paulista (CTEEP) said on Tuesday that it plans to issue at least BRL400 million ($95.4 million) in debentures in the local market, raising money to pay off project debt from the past two years. The electricity transmission company, controlled by the Colombian state-owned holding company Interconexión Eléctrica (ISA), said it could increase the size of the deal by 20%, or BRL80 million, to meet demand. It will divide the transaction into as ma

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