Cometa outlines terms on three-year club deal

Cometa outlines terms on three-year club deal

Loans Debt Mexico

Further details have emerged on Cometa Energia's $1.26bn acquisition financing for InterGen's assets in Mexico. Cometa, the Mexican subsidiary of EM investor Actis, secured a three-year $180m senior secured club loan, a source said. The banks involved were the following:- BNP Paribas- Citibank- JPMorgan- Scotiabank and- SMBC The club loan was paired with a 17-year $860m bond sale, while the remaining $186m was raised through equity contributions from Actis, the source added. Actis picks up six c

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