TPL Colombia's landmark $410 million 7.875% notes issue

24/1/2019

High-yield bond/note issue

Value:

$ 410 million

Status:

Announced

Date:

24/1/2019

Overview:

TermoCandelaria Power (TPL), a non-hydro power generation company, issued $410 million 7.875% notes due 2029.
Bank of America Merrill Lynch and Scotiabank acted as initial purchasers.

Rani Mehta - Latin America Editor

Jurisdiction:

Colombia

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Energy

Firm:

Clifford Chance

Party: Bank of America Merrill Lynch (Initial purchaser)

Party: Scotiabank (Initial purchaser)

Lawyer: Hugo Triaca

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