June 27, 2019 |
Ergon Perú intends to sell $219m in green bonds next month to refinance a loan and install solar panels in around 200,000 rural homes, general manager David Orosco told LatinFinance.
"We don't have a set date yet, but we hope to do the bond by July 15," he said, adding that the company will replace a 12-year loan with 15-year notes.
SMBC took Ergon on a roadshow to meet US investors last week, Orosco said. He did not name the underwriters on the upcoming bond sale, but he said Ergon is working w
Peruvian power supplier will use the money to pay off a loan and install solar panels in off-grid rural areas