(Reuters) - The size of the deal was reduced by $100 million, yields on
offer raised and pricing delayed from last week to Monday due to
the turmoil in the credit markets, where the benchmark Crossover
credit default swap index has risen 80 basis points in the last
week to 350 basis points.
Merrill Lynch, Lehman Brothers, Deutsche Bank and Barclays
Capital are managing the bond sale for InterGen, which has nine
power plants with 5,235 megawatts of capacity in five countries.
Read more at Reuters.com Bonds News
offer raised and pricing delayed from last week to Monday due to
the turmoil in the credit markets, where the benchmark Crossover
credit default swap index has risen 80 basis points in the last
week to 350 basis points.
Merrill Lynch, Lehman Brothers, Deutsche Bank and Barclays
Capital are managing the bond sale for InterGen, which has nine
power plants with 5,235 megawatts of capacity in five countries.
Read more at Reuters.com Bonds News
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