January 25, 2021
Colombian power company Celsia has received board approval to take out as much as COP400 billion ($113 million) in short-term loans to cover investments and operating costs, according to a securities filing.
Celsia can get the new loans with a tenor of up to two years from local or international lenders until the end of February next year, the company said in the filing on Thursday.
The company also said it has board permission to refinance an outstanding dollar-denominated loan with a new four-
Colombian power company could borrow up to $113 mln to cover investments and operating costs