GEMSA lines up bond sale

GEMSA lines up bond sale

Bonds Debt Fixed Income Argentina Capital Markets Electricity Gas

Argentine power generation company Generación Mediterránea (GEMSA) said Friday that it will seek to raise up to $120 million in the sale of three series of bonds in the local market on Tuesday. 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, GEMSA will offer up to $45 million in five-

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial