Peru's Abengoa Transmision Sur launches $432 million notes due 2043 at 6 7/8%

By Christine Van Dusen

Atlanta, April 8 - Peru's Abengoa Transmision Sur SA (ATS) launched $432 million notes due April 2043 (expected ratings: /BBB-/BBB-) at a yield of 6 7/8%, a market source said.

BNP Paribas and HSBC are the bookrunners for the Rule 144A and Regulation S deal.

The proceeds will be used to refinance existing bank debt.

Abengoa Transmision, an engineering construction and service company based in Lima, is a subsidiary of Spanish conglomerate Abengoa Finance SAU.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.