August 26, 2019 |
Colombian energy company looks to raise $100m in soles to build two power plants
Grupo Energía Bogotá (GEB) is set to issue a $100m bond in early September to finance investments in Peru, a banker working on the deal told LatinFinance.
GEB's natural gas business in Peru, Cálidda, will issue the notes in the local market and use the proceeds to fund part of the $180m construction of two new power plants for Lima and Callao.
Peruvian investment bank Credicorp is the sole bookrunner on the deal.