EDL Gen to rake in $312m as 10 year proves popular

By Shruti Chaturvedi
31 Aug 2016

Electricite du Laos Generation Public Company (EDL Gen), which started bookbuilding for its debut dollar bond in Thailand last Friday, has settled on raising $312m from three tranches, according to a source.

The company had permission to raise up to $350m and has received enough demand to sell a $312m note. The bonds, which include a seven year, 10 year and 12 year tranche, are scheduled to be issued on September 2.

Books have now closed, with investor interest ...

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