11/22/2021 | Press release | Distributed by Public on 11/22/2021 08:02
As part of its 2030 strategy, ISA is positioning itself in the international capital market, diversifying its sources of financing and taking advantage of its attractiveness in terms of liquidity, depth, and diversification.
The issuance, which reached a demand of more than USD 1,4 trillion, equivalent to 4,3 times the amount placed, had the participation of a diversified investor base from the United States, Canada, Europe, Asia and Latin America. It was listed on the Singapore Stock Exchange and received a BBB (stable) rating from Fitch Ratings and a Baa2 (stable) rating from Moody's.
"This placement ratifies investors' confidence in ISA and its leadership in the capital markets, as the company once again exceeded our expectations in terms of amount and rate," Bernardo Vargas Gibsone, ISA's CEO, said.
Placement conditions:
Transaction date | November 18, 2021 |
Compliance date | November 26, 2021 |
Deadlines | 12 years, depreciable for the last 3 years |
Due date | November 26, 2033 |
Nominal Amount (millions) | USD 330 million |
Return | 3,825% |
Coupon Rate | 3,825% |