Frankowska, who led Weil's team, commented: "There have been very few Yankee bond
offerings by issuers from Central and Eastern Europe, especially offerings this size.
We are seeing substantial demand from Yankee bond
issuers and are well-positioned to capitalize on the significant growth that we expect to see in this space.
In these roles he built Yankee Bond
and Emerging Market and International Operations respectively.
: The Government of Pakistan has decided in principle to float $200 million Yankee bond
at the international Bond market to further strengthen its liquidity position.
The debt refinancing included the exchange and tender offer of Yankee notes due in 2014, the tender offer of a domestic bond due in 2019, and the issuance of a Yankee bond
due in 2021.
In January 2011 Transelec issued bonds for UF7 million (approximately cl$151 billion) in the local market, funding the repayment of USD280 million (approximately cl$134 billion) Yankee bond
and the associated swaps with maturity in April.
5 MM (approximately USD290 million) in order to refinance the upcoming maturity of its Yankee bond
for USD280 million (including a USD35 million swap) in April 2011.
The proposed issuance of the ten year USD400 million Yankee bond
in February 2010 will improve its debt profile.
The company issued a Yankee bond
in July 2005 for US$100 million, maturing in 2012, for which the company already repurchased for US$13 million.
Fitch has assigned an 'RR2' Recovery Rating to Iansa's Yankee Bond
, indicating that in the event of financial difficulties Iansa's unsecured notes have an expected average recovery level of between 71%-90%.
The balance of CAP's debt is composed primarily of a 15-year local bond issue for UF4 million (equivalent to US$155 million) that amortizes between 2009 and 2020; a $200 million yankee bond
due in 2036; and a $150 million syndicated loan from ABN AMRO Bank, which begins amortizing in October 2009 in semiannual installments of $25 million and $30 million bank loan from Santander, that amortizes between 2010 and 2013.
The company's next Yankee bond
maturity will occur in 2014, mitigating medium-term liquidity concerns at the level of Enersis.