January 10, 2020 |
Colombia's Termocandelaria Power added $186 million to its 7.875% January 2029 notes on Thursday, sources familiar with the terms of the transaction told LatinFinance.
The tap on the notes priced at 110 to yield 5.898% average life to par, both sources said.
The initial price talk was set at 109.5 with the eventual launch of the deal at 110 and a 5.9% yield to average life to par, another source said.
The bookrunners on the transaction were JPMorgan and Scotiabank.
The deal adds to the compa
Colombian electricity generator adds $186 mln to the outstanding bonds