By Christine Van Dusen
Atlanta, Nov. 4 - Colombia's Empresa de Energia de Bogota SA ESP sold $610 million notes due Nov. 10, 2021 (Baa3) at par to yield 6 1/8%, a market source said.
Deutsche Bank and Santander were the bookrunners for the Rule 144A and Regulation S notes, which are non-callable for five years.
The proceeds will be used to prepay EEB International's $610 million of outstanding 8¾% notes due in 2014.
The issuer is an energy and fuel company based in Bogota, Colombia.
| Issuer: | Empresa de Energia de Bogota SA ESP
|
| Amount: | $610 million
|
| Maturity: | Nov. 10, 2021
|
| Description: | Notes
|
| Bookrunners: | Deutsche Bank, Santander
|
| Coupon: | 6 1/8%
|
| Price: | Par
|
| Yield: | 6 1/8%
|
| Call features: | Non-callable for five years
|
| Trade date: | Nov. 4
|
| Settlement date: | Nov. 10
|
| Rating: | Moody's: Baa3
|
| Distribution: | Rule 144A and Regulation S
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
