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.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.