Latin America Power $126.4 million refinancing

Overview:

• Latin America Power (LAP) obtained a $126 million credit facility from Sumitomo to refinance its debt with Interbank, CAF, Cofide, BTG Pactual and BBVA.
• The original debt was associated with the Huasahuasi, Runatullo and Santa Cruz hydroelectric projects, which LAP owns and operates. 
• As part of this transaction, LAP acquired the remaining minority stakes in the projects and obtained 100% ownership. 

Rani Mehta - Latin America Editor