Empresa Eléctrica Guacolda $880 million refinancing

Overview:

• Empresa Eléctrica Guacolda has taken out a $330 million syndicated loan and issued $500 million in bonds to refinance its debt.
• Empresa Eléctrica Guacolda is a joint venture between AES Gener and Global Infrastructure Partners and focuses on the generation, transmission and supply of electricity in Chile.
• Davis Polk & Wardwell  (Maurice Blanco, Joseph Hadley) advised the initial purchasers,  joint lead arrangers, joint book-runners and new lenders.
• Guerrero Olivos  (Sebastián Yunge) advised the lenders and underwriters.
• Shearman & Sterling (Antonia Stolper) and Claro & Cía (Rodrigo Ochagavía, José Luis Ambrosy) advised the borrower and issuer.

Rani Mehta - Journalist - Latin America