360 Energy finds demand with debut bond

360 Energy finds demand with debut bond

Bonds Debt Fixed Income Capital Markets Green Bonds Solar Electricity Solar Argentina

Argentine solar power generation company 360 Energy Solar said it maxed out its debut bond in the local market, raising $20 million in the sale of a green note to finance the construction of a new plant. Buenos Aires-based 360 Energy began the offer for the 3.5-year dollar-linked bonds at $15 million but increased it to the maximum after demand surpassed $38 million, according to a securities filing. 360 Energy said it priced the dollar-linked bonds, which are bought and paid back in pesos, at 1

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