May 7, 2018 |
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
Actis' Mexican subsidiary follows up a benchmark-sized bond issue with $180m in bank debt, source