September 8, 2017 |
Peru's Fenix Power has scheduled meetings with investors to present a possible Rule 144A/Reg S bond sale for $340m next week, sources said.
The bookrunners Citi, Scotiabank and SMBC will start the meetings on Friday in Lima and Santiago and then take the power generation company to see investors in London, New York and Boston on Monday and Tuesday next week.
Fenix Power will use the proceeds from the 10-year amortizing bonds, rated Baa3/BBB-/BBB-, to pay back four-year bank loans, S&P Glob
Peruvian power generation company looks to raise $340m in the cross-border bond market next week