Published on 11/9/2017 in the Prospect News Emerging Markets Daily.
New Issue: Inkia Energy sells $450 million 5 7/8% 10-year senior notes
By Paul A. Harris
Portland, Ore., Nov. 9 – Inkia Energy Ltd., a wholly owned subsidiary of Singapore-based Kenon Holdings Ltd., announced in a Thursday press release that it has priced $450 million of 5 7/8% 10-year senior notes.
The power generation company plans to use the proceeds to redeem its notes maturing in 2021.
Issuer: | Inkia Energy Ltd.
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Amount: | $450 million
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Maturity: | November 2027
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Securities: | Senior notes
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Coupon: | 5 7/8%
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Announcement date: | Nov. 9
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Placement: | Non-registered
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