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Isagen Plans $427M Debt Sale

08-06-2009 | Source: emii.com

People & Companies in the News

Power producer, Isagen, is planning to sell about $427 million of bonds, Bloomberg reports. The Columbian company is planning to issue fixed-rate bonds as well as securities linked to Colombia’s inflation rate and the interbank rate.

The company is planning to sell the bonds, which will have maturities of seven, 10 and 15 years respectively, in the first week of September 2009. The deal will be managed by Santander Investment Valores Colombia.

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