Bloomberg News

Acciona’s Mexican Wind Projects Hire Banks to Sell Dollar Debt

July 16, 2012

Mexican wind energy projects Oaxaca II and Oaxaca IV, owned by Spanish construction company Acciona SA (ANA), hired banks to arrange meeting with bond investors, according to a person familiar with the discussions.

Banco Bilbao Vizcaya Argentaria SA, BNP Paribas SA, Credit Agricole SA, Banco Santander SA and Societe Generale SA are organizing the meetings, said the person, who asked not to be identified because the discussions are private.

Oaxaca II may sell bonds for $164.5 million and Oaxaca IV may raise $167.5 million with two offerings of securities due in 19.5 years, said the person. The meetings will run from July 18 to July 27 in the U.S., according to the person.

To contact the reporter on this story: Veronica Navarro Espinosa in New York at vespinosa@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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