Luz de Tres Picos maxes out green bond sale

Luz de Tres Picos maxes out green bond sale

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

Argentine wind farm operator Luz de Tres Picos said Tuesday that it sold $80 million in two-year green bonds in the local market, maxing out the deal on strong demand. The company, a unit of the Argentine energy and cement company Petroquímica Comodoro Rivadavia (PCR), said demand surpassed $116 million for the dollar-linked notes, encouraging it to sell the maximum after starting the offer at $30 million, according to a securities filing. The dollar-linked bonds, which are bought and paid back

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