ENEE hunts for funding

ENEE hunts for funding

Loans Debt Corporate & Sovereign Strategy Honduras Central America

Honduras' state-owned power company ENEE is scrambling to secure financing to pay off billions in loans, LatinFinance has heard. "They desperately need funding and must obtain it as quickly as possible," said a source familiar with the company's affairs. "They have $2.2bn of local bank debt to refinance," he added. The IDB, the World Bank and the Central American development bank CABEI have pledged their support for the Honduran government's rescue plan for ENEE that could last as long as 12 yea

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