Innergex finishes Latin America’s largest private placement deal in recent history

Issuance of equivalent CAN$912.6 million non-recourse green bonds and equivalent CAN$119.7 million letter of credit facility for its Chilean portfolio of assets / Optimizes capital structure and returns for Innergex’s Chilean operations by adding debt to previously unencumbered assets

Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) announces the successful completion of a US$803.1 million (CAN$1.032 billion) refinancing of the non-recourse debt of its portfolio of wholly owned assets in Chile with the issuance of US$710.0 million (CAN$912.6 million) green bonds maturing in 2036 (with a balloon payment of US$139.0 million ((CAN$178.7 million)) and a US$93.1 million (CAN$119.7 million) letter of credit facility. A core... ... More: Official Press Release Innergex

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Innergex, Chile, power, bond, completion, green bond, capital structure, investment, investor, asset, portfolio