BNP Paribas Brings 144A For California Plant

BNP Paribas was in the market last week with a 144A for the Panoche Energy Center in California. The deal has no registration rights and is $330 million in size, with a 21.5-year final, 14-year average life maturity. Standard & Poor's has a rating of BBB-' on the deal, which is expected to price this week.

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