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

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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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