July 20, 2021 |
ISA Interchile, a subsidiary of Colombian-owned holding company ISA, made its debut in the cross-border debt market on Monday with $1.2 billion in 35-year green bonds, said a source involved in the deal.
The 2056 bonds, backed by cash flow from 11 electric transmission line concessions, priced at par to yield 4.5%, the source said. ISA Interchile had opened the deal with the initial price talk in the mid- to high-4% area before it launched at 4.5%, the source added.
Scotiabank was the global coo
Colombian holding company's subsidiary in Chile prices $1.2 bln in 2056 notes at 4.5% in its first trip to the cross-border debt market