Electro Dunas, a subsidiary of Colombian GEB in Peru, placed bonds for $ 81.7 mn

Electro Dunas SAA, a subsidiary of Grupo Energía de Bogotá, carried out its inaugural issuance in the Peruvian capital market by placing bonds for $ 81.7 million) in 2 tranches: $ 18 million at a term of 5 years and $ 63.6 million with a term of 10 years. According to a company statement, the issuance rate for the 5-year tranche was 2.75%, while the issuance rate for the 10-year tranche was 4.59%. This is the first issuance of a corporate bond by a non-financial entity in the local capital market since November 2019.

Source: La República