AES Gener division preps debt shelf in Chile

AES Gener division preps debt shelf in Chile

Bonds Debt Capital Markets Fixed Income Energy Electricity Chile

Empresa Eléctrica Cochrane, a division of the Chilean power utility company AES Gener, plans to sell the equivalent of $485 million in 20-year bond program in the local market, according to a report from Fitch Ratings. The Santiago-based power company could issue the new notes in US dollars, Chilean pesos or inflation-linked unidades de fomento (UFs), according to Fitch. The rating agency assigned Cochrane an A+(cl) rating on the local scale with a stable outlook, citing the company's stable and

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial