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new York, June 18, 2021 /PRNewswire-PRNewswire/ – Greenberg Traurig, LLP, a global law firm, acted as US legal counsel to Inversiones Latin America Power Limitada, one of the largest wind power companies in the United States Chile, As the issuer’s issuance $403.9 million 5.125% senior secured notes due in 2033.This issuance is the first “high-yield 100% green” bond Chile, It is consistent with the Green Bond Principles (2018) of the International Capital Market Association (ICMA) and the Green Loan Principles (2021) of the Loan Syndication and Trade Association (LSTA). Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. were the original buyers. These notes are listed on the official list of Singapore Exchange Trading Company Limited (SGX-ST).
Proceeds were used to refinance outstanding debt, including 5.35% of the notes issued to private equity investors in 2017, totaling USD 412, Related to the construction of two wind farms in the north Chile The total installed capacity is 239.2MW. These notes are guaranteed by the issuer’s subsidiaries San Juan SA and Norvind SA, and are guaranteed by almost all of the assets of…
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