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Emerging MarketsEM LatAm

EnfraGen beats high leverage, split rating to price debut

Santiago de Chile, Chile, skyline, Andes, skyscraper, LatAm, 575

Latin American power generation company EnfraGen debuted in the international bond markets on Wednesday, benefiting from the strong performance from the region’s last power sector issue to price inside where some investors were expecting — despite a leverage ratio of nine times.

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