GenRent del Peru $106.5 million 5.88% notes offer

12/2/2018
Investment grade bond/note issue

$ 106.5 million

Announced

12/2/2018


Overview:

  • GenRent del Peru has made a $106.5 million 5.88% notes offer.
  • The notes will be used to refinance the 80 MW HFO-fired Iquitos distributed power generation project.
  • American General Life Insurance Company (AIG), Athene Annuity and Life Company (Apollo Investments) and Corporación Financiera de Desarrollo SA (Cofide) have acquired the offered bonds.
  • HSBC Securities has acted as financial organizer.

Katrin Kostadinova - Data analyst 

Jurisdiction:

Peru

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Peru

Industry sectors:

Energy
Financial services


Firms:

Party: GenRent del Peru (Offeror)


Party: American General Life Insurance Company (Initial purchaser)

Party: COFIDE - Corporación Financiera de Desarrollo (Initial purchaser)

Party: Athene Annuity and Life Company (Apollo Investments) (Initial purchaser)

Lawyer: Daniel Bartfeld


Party: American General Life Insurance Company (Initial purchaser)

Party: COFIDE - Corporación Financiera de Desarrollo (Initial purchaser)

Party: Athene Annuity and Life Company (Apollo Investments) (Initial purchaser)


Party: GenRent del Peru (Offeror)

Lawyer: Gerardo Soto