Genneia achieved today successfully expanding its international bond maturing in 2022 ( bullet) em> U $ S 350 million to U $ S 500 million.
Having received bids for nearly US $ 1000 million (more than 6 times over-subscribed), bonus U $ S 150 million was placed at a price of 109 U $ S, representing an implicit rate of the 5,967% (YTW). p>
The issue has featured participation by institutional investors both in the international capital market as the local p>.
The funds will be used mainly expansion to meet the requirements of its wind projects and cancel short-term maturities under p>.
Genneia is a leader in providing sustainable energy solutions, which concentrates its activities in the generation market and puts special emphasis on investment and development of projects involving the use renewable resources. p>
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Alfredo Bernardi strong> p>
Manager of Institutional Relations and CSR strong> p>
GENNEIA strong> p>
Nicolas Repetto 3676, 3rd floor, Buenos Aires, Argentina Olives (+ 54-11) 6090 3235 p>
alfredo.bernardi@genneia.com.ar p>
www.genneia.com.ar strong> p >