In Brief: Chase Underwrites Colombia Financing

A unit of Chase Manhattan Corp. acted as adviser, arranger, and sole underwriter for a $200 million power plant project in Colombia.

The $140 million financing is the largest underwriting to date of long- term limited-recourse debt for a nonexport-oriented project in the region.

The financing is for the Termopaipa IV project, Latin America's first greenfield coal-fired private power plant.

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