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Termocandelaria Power S.A. 7.75% 17-SEP-2031

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Key terms


Outstanding amount
‪425.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
7.75% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
7.79%
Maturity date
Sep 17, 2031
Term to maturity
6 years

About Termocandelaria Power S.A. 7.75% 17-SEP-2031


Issuer
Termocandelaria Power SA
Sector
Finance
Industry
Financial Conglomerates
Issue date
Sep 17, 2024
FIGI
BBG01PNPYZB5
Termocandelaria Power SA is a Spanish public limited Colombian company that owns and operates the largest portfolio of thermal power plants in Colombia through its subsidiaries, Termobarranquilla S.A. E.S.P. and Termocandelaria S.C.A. The company is based in Puerto Colombia, Colombia, and has subsidiaries in Colombia. The company's strategy is to maintain the sound operation of its power plants with stable and predictable cash flows, expand installed generation capacity, and increase plant efficiencies. The company's assets are essential to avoid an energy shortage in the short, medium, and long term for Colombia. The CEO of the company is Luis Miguel Fernandez Zaher. On May 15, 2015, Termocandelaria Power was acquired by Termocandelaria Power Ltd. /Private Group/.
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