World set to install 593 GW of new solar in 2024 - Ember
Sep 19, 2024 13:28 CESTA subsidiary of thermal and renewable power plants owner ContourGlobal Plc (LON:GLO) expects to raise a total of EUR 750 million (USD 874m) from a private offering of senior secured notes.
ContourGlobal Power Holdings SA is offering EUR 450 million worth of 3.375% senior secured notes due 2023 and EUR 300 million worth of 4.125% senior secured notes due 2025 to qualified institutional buyers.
The company plans to use the net proceeds to refinance its senior secured notes due 2021, pay related fees and expenses and for general corporate purposes.
The transaction is expected to close on or about July 26, 2018.
(EUR 1.0 = USD 1.165)
World set to install 593 GW of new solar in 2024 - Ember
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