Kallpa looks to refinance loan

Kallpa looks to refinance loan

Loans Debt Project & Infrastructure Finance Corporate & Sovereign Strategy Energy Electricity Peru Middle East

Peru's Kallpa Generación is looking for a $300m loan to refinance debt from the Puerto Bravo power plant in Arequipa, LatinFinance has heard. Samay I, a division of Kallpa, got the loan from HSBC, MUFG and SMBC in 2015 to finance construction of the 593 MW plant. It could now repay the loan with a new club deal or syndicated loan, according to sources close to the deal. The company is in still in the early stage of negotiations, but it has asked banks to send their proposals, looking for a new m

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