E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/27/2018 in the Prospect News Emerging Markets Daily.

Energo-Pro guides €250 million of six-year notes to yield 4½%-4¾%

By Rebecca Melvin

New York, April 27 – Energo-Pro a.s. guided pricing on €250 million of six-year notes (expected ratings: /BB-/BB) to yield 4½% to 4¾%, according to a syndicate source on Friday.

The notes are non-callable for three years.

Guarantors of the notes are Energo-Pro Georgia Generation JSC, Energo-Pro Georgia JSC, Energo-Pro Varna EAD and Resadiye Hamzali Elektrik Uretim San.ve Tic. AS.

BNP Paribas, Citigroup and JPMorgan are the bookrunners of the Regulation S-only deal.

The proceeds will be used to refinance existing debt at the operating levels.

Energo-Pro is a Prague, Czech Republic-based power generation and distribution company operating in the Czech Republic, Bulgaria, Georgia, Turkey and Armenia.


© 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.