Peruvian Inkia Energy powers ahead with $300m bond

Peruvian Inkia Energy priced its debut $300m 10 year non-call five bond yesterday via lead managers Bank of America Merrill Lynch and Credit Suisse. The power generation company’s note, which has an 8.375% coupon, was priced at 99.169 and yields 8.5%. The senior unsecured note is now trading around par.