July 16, 2020 |
Panamanian power generation company Electron Investment, or EISA, said it issued $205 million worth of 10-year bonds on Wednesday, raising money to redeem 2025 notes ahead of schedule.
"We are grateful to have counted with the support and confidence of all our bondholders to place an instrument of this amount in these challenging times," EISA CEO Héctor M. Cotes told LatinFinance in an email.
EISA opened the deal on Wednesday with Banco General as the lead bookrunner, offering the new notes at
Panamanian power company sells $205 mln in new paper to redeem its 2025 notes ahead of schedule