Debt service reserve letter of credit fac

In previous Colombian power projects, such as takings were necessary. The bank letter of credit facility provided a credit enhancement partly to replace the government guarantee or power-purchase commitment common in previous power project financings. The US 13.2 million debt service letter of credit facility, equal to six months principal and interest payments, supports temporary shortfalls in debt service payments to the 144A note holders. Drawings are available at whichever is the earlier...