Sedapal eyes capital markets
- From: Vol 10, Issue 1 (January 2009)
- Category: General
- Region: Americas
- Country: Peru
Sedapal’s debut bond issue is set to launch later this year. It could prove a key test of investor appetite ahead of a partial IPO.
Peru’s state water utility Sedapal plans to issue up to PEN524 million (USD165 million) of local currency bonds in 2009 to fund a water treatment plant – its first debt issue on capital markets.
According to a filing made with the Lima stock exchange, the funds will go towards financing the USD270 million Huachipa-Ramal Norte drinking water plant in Lima ...
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