Genneia to issue green bonds in debt exchange

Genneia to issue green bonds in debt exchange

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Argentina Electricity ESG Green Bonds Wind

Argentine power company Genneia said Tuesday that it plans to issue $366 million in green bonds on September 2 as part of a debt exchange for outstanding notes that mature in January next year. The new 8.75% 2027 notes will be the first green bonds issued by an Argentine company in the international market, backed by revenues from the Madryn I and II wind farms in the southern province of Chubut, Genneia said. Holders of 83% of Genneia's 8.75% 2022 bonds agreed to the exchange. Most bondholders 

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