Argentine power generator lines up bond sale

Argentine power generator lines up bond sale

Corporate & Sovereign Strategy Bonds Debt Fixed Income Energy Electricity Latin America South America Argentina

Argentine power generation company Generación Mediterránea said Tuesday that it will seek to raise up to $130 million in the sale of three series of bonds in the local market on Wednesday as demand runs high for corporate debt. The company, a unit of local energy group Albanesi, will offer two dollar-linked notes and a third linked to inflation, according to a securities filing. Of the dollar-linked bonds, which are bought and paid back in pesos at the official wholesale exchange rate, Mediterrá

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