GC Asia
Intergen takes equity injection, markets $800m bond
Intergen, the US-headquartered power generator, has met European investors to market $800m-equivalent of high yield bonds in sterling and dollars. The senior secured notes are coming alongside a $700m equity injection and $500m of new loans.
The company has 11 power plants in the UK, the Netherlands, Mexico and Australia.
The new notes, rated B1/B+, are expected to be divided equally between sterling and dollars. That would make the eight year non-call four sterling tranche around £275m and the 10 year non-call five dollar ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
