Genneia bids two-year dollar bond with 12% coupon

Genneia, a leading company in renewable energy generation, announced yesterday a new placement of Class XXX Negotiable Obligations (ON), denominated and paying in dollars, with a 12% coupon and 2-year bullet amortization. The tender will be open until next Monday, November 16th, inclusive, and that the payment address is in New York, with the possibility that the cancellation of the coupon and the amortization will take place in Argentina. The operation organized by Banco Macro and has Macro Securities, Balanz, BACS and BST as underwriters.

Source: Ámbito