March 12, 2019 |
Empresa de Energía de Bogotá (EEB) is negotiating a five-year, $749m bullet loan to replace a similar facility from 2017, LatinFinance has heard.
The Colombian power company has retained the same bookrunners — Citi, Bank of America and SMBC — and could reach a deal in April, said a source involved in the transaction.
The bookrunners each contributed $50m to the last loan and recruited 13 other lenders to participate with tickets from $10m to $47m apiece.
Some of the same lenders will return,
Colombian power company negotiates a new $749m loan to pay off a similar facility from 2017, source says