EGE Haina plugs in bond sale

EGE Haina plugs in bond sale

Corporate & Sovereign Strategy Bonds Debt Fixed Income Dominican Republic Capital Markets Energy Electricity

Dominican power company Empresa Generadora de Electricidad Haina (EGE Haina) plans to issue up to $300 million worth of 10-year bonds in international market to pay off debt, a source involved in the deal told LatinFinance. The Santo Domingo-based company has hired Citi, JPMorgan and Scotiabank as joint bookrunners to lead the sale, the source added. EGE Haina said Monday that it had published a sustainability-linked bond (SLB) framework with a second-party opinion from Sustainalytics. The power

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