News
27 February 2025

GIP closes Saavi high-yield refinancing

In:
Power
Region:
Americas

Global Infrastructure Partners has closed a $1.1 billion high-yield bond refinancing of its Saavi Energia generation portfolio in Mexico. The ten-year bonds were priced at 99.187% of par and carry a coupon of 8.875%.The issuer received $1.075 billion in proceeds from the notes, and plans to use $960...

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