White & Case advises Kallpa Generación on US$700 million notes issuance and related tender offer

Global law firm White & Case LLP has advised Kallpa Generación S.A. on its issuance of US$700 million aggregate principal amount of 5.500% senior notes due 2035 and a corresponding tender offer for Kallpa's existing 4.125% senior notes due 2027. The successful issuance of the new notes included pricing the notes at the lowest spread over the Peruvian sovereign rate for an international corporate bond by a Peruvian company.

Kallpa is a private company controlled by I Squared Capital and is dedicated to energy generation, with a portfolio of 2,135 MWs of generation capacity, contributing significantly to the security of supply and reliability of the electrical system. It operates a portfolio of hydroelectric generation and efficient combined cycles based on natural gas, as well as a solar renewable energy project under construction, which ensure continuous, reliable and environmentally friendly sources of electricity.

The White & Case team was led by partner Andrew Weisberg (New York), and included associates Christie Garcia (Miami) and Heidi Ahmed (New York).

Press contact
For more information please speak to your local media contact.