June 7, 2019 |
Colombia's Isagen has earned COP1.1tn ($334m) from a four-part bond deal in the local market, raising money to pay off debt and fund investments, LatinFinance has heard.
The Bogotá-based electricity generation company sold four-year notes at 6.09% and eight-year notes at 6.98%, said a banker at Bancolombia, the sole bookrunner and lead arranger on the deal.
Isagen also issued 15-year notes at 3.68% over the IPC consumer price index and 30-year notes at 3.97% over the IPC, the banker said.
Colombian power company raises $334m from a four-part deal to pay off debt and fund investments