July 8, 2019 |
Empresas Publicas de Medellin could start a roadshow in the coming days for a cross-border bond issue to refinance existing debt, LatinFinance has heard.
In a statement, EPM said it is looking to redeem $1.25bn of its 2021 international peso notes and has hired HSBC, JP Morgan and Scotiabank to help obtain funding for the transaction. The timing wasn't stated.
Owned by the city of Medellin, EMP has been trying to raise cash following the collapse of its Ituango dam project, while plans to sell
Colombian public utility looking to redeem 2021 peso notes