Termocandelaria taps 2029 notes

Termocandelaria taps 2029 notes

Bonds Asset Management Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Energy Electricity Colombia

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

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