LAP, SierraCol join drive to bond market

LAP, SierraCol join drive to bond market

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings Moody's Investors Service Bonds Debt Fixed Income Capital Markets Energy Oil Gas Wind Wind ESG Chile Colombia United States

Chile's Latin America Power (LAP) and Colombia's SierraCol Energy added their names to a list of companies in the region that plan to sell bonds in the international market, according to ratings reports. LAP, a power generation company backed by BTG Pactual, Pátria Investimentos and GMR Group, plans to issue $404 million in 2033 bonds, backed by cash flows from the San Juan and Totoral wind farms in Chile, while SierraCol, an onshore oil producer owned by US private equity firm Carlyle Group, is

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