Bogota’s EEB wraps up flurry of LatAm deals with 10yr refi

04 Nov 2011

Colombian electricity supplier Empresa de Energia de Bogota (EEB) rounded off a busy Thursday in the Latin American bond markets with a $610m 10 year refinancing. Whispers on yield started at the low to mid 6% level and were refined to official guidance of 6.125%-6.250%.

The deal priced at par with a 6.125% coupon mid-afternoon on Thursday. Official demand details had yet to be released at the time of going to press, but reports suggested that books were in the region of $2bn. Deutsche Bank and Santander acted as bookrunners.

Proceeds from the deal ...

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