May 6, 2021 |
AI Candelaria, a Madrid-based holding company that owns a stake in the Colombian crude oil pipeline operator Oleoducto Central (Ocensa), is looking to sell new notes to buy back some of its 2028 bonds, said a source involved in the deal.
The company hired Credit Suisse, JPMorgan and SMBC to lead the sale and began making calls to investors on Wednesday, the source said.
AI Candelaria announced an offer on April 26 to repurchase up to $350 million of its 7.5% 2028 bonds, offering to pay $1,155 fo
Colombian pipeline stakeholder looks to fund the buyback of $350 mln of its 2028 notes