ETESA looks to sell local notes

ETESA looks to sell local notes

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Energy Electricity Panama

Panama's ETESA is set to issue $50m in local notes this week after an international bond market debut last week left it short of cash to meet its near- and medium-term liabilities, LatinFinance has heard. The state-owned transmission company sold $500m in 30-year notes last week in a deal that was five times oversubscribed, raising money to meet $550m in upcoming loan payments.  ETESA had sought to sell $750m in international notes, but Panama's regulators only approved $500m, said a banker invo

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