EGE Haina Grows Bond To $175m

Dominican power company EGE Haina sold $175m in 10-year non-call 5 notes Thursday, increasing the size of the issue by $25m in the face of demand above $1bn. The bonds came at 100 to yield 9.5%, the tight end of guidance. Barclays and Deutsche Bank led the transaction. The bonds are rated B/B-.