EEB signs new bullet loan

EEB signs new bullet loan

Loans Debt Energy Electricity Colombia US Japan

Empresa de Energía de Bogotá (EEB) has signed a five-year, $749m bullet loan to replace a similar facility signed in December 2017, LatinFinance has heard. The same bookrunners as the previous loan — Bank of America, Citi and SMBC — led the new deal, but brought the spread down to 162.5bp over Libor from around 215bp, said a source close to the deal. BBVA, BNP Paribas, Export Development Canada (EDC), Mizuho, MUFG, Natixis, Sabadell and Scotiabank joined the loan as mandated lead arrangers, whil

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