Sinolam assesses bonds for Panama investments

Sinolam assesses bonds for Panama investments

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Energy Gas Panama Central America China

Sinolam Smarter Energy, a Panamanian subsidiary of the Chinese investment firm Shanghai Gorgeous Investment Development Co, could tap the bond market to raise at least $600 million for a 425 MW power plant in Panama, according to a source close to the deal. Jefferies will be the lead bookrunner on the bond sale, which could happen by June this year, the source said. Sinolam has lined up roughly $900 million in investments to build the new plant, the source said. The developer signed a 15-year co

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