China Three Gorges considers bonds for Chaglla refi

China Three Gorges considers bonds for Chaglla refi

Loans Debt M&A Project & Infrastructure Finance Peru China Andean Energy Electricity

China Three Gorges could sell bonds to refinance the $850m bridge loan it got to pay for the acquisition of the Chaglla hydroelectric power plant in Peru, LatinFinance has heard. BBVA, Bank of China and ICBC supplied the non-recourse loan after the state-owned power company closed a deal to buy Chaglla from Brazil's Odebrecht on April 25, said a source close to the deal. The same banks could participate in an upcoming bond sale to refinance the loan. China Three Gorges would issue the bonds thro

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