October 14, 2020 |
Colombian natural gas company Promigas has scheduled meetings with investors to pitch the reopening of its 3.75% 2029 bonds, looking to raise up to $150 million to pay off debt, according to a source involved in the deal.
Promigas has hired Citi and JPMorgan as bookrunners on the tap and Corficolombiana as its local financial adviser. The investor meetings take place on Tuesday and Wednesday with a deal possible this week, the source said.
Promigas subsidiary Gases del Pacífico will be the co-is
Colombian natural gas company aims to raise up to $150 mln to pay off debt