December 11, 2020 |
UEP Penonomé II, a wind power company in Panama owned by InterEnergy, sold $263 million worth of 18-year green bonds in the international market on Wednesday, it said in a securities filing.
The company said it priced the 2038 bonds at par to yield 6.5% with Citi as the sole bookrunner. It also said the bonds will be amortized every six months and have an average weighted life of 9.74 years.
InterEnergy put up the 40 MW Tecnisol solar power project as a guarantee for the new notes, UEP Penonomé
UEP Penonomé II prints $263 mln in 2038 notes at 6.5%