Enersis.
ENERSIS ENERSIS Energy Systems and Infrastructure , a Chilean utility holding company, said it would sell in U.S. markets US$350 million in 10-year bonds carrying a 7.4% coupon A certificate evidencing the obligation to pay an installment of interest or a dividend that must be cut and presented to its issuer for payment when it is due.
Coupons are usually attached to a document, such as a promissory note, bond, share of stock, or a bearer as part of a swap for debt issued in 2003 under identical terms. Enersis said the original debt was not properly registered with U.S. exchange authorities.
COPYRIGHT 2004 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Reader Opinion