Natixis has announced that it has arranged a US$175 million 29-yr hybrid private placement and fixed rate loan to refinance Peru's Cajamarca Transmission Line. Natixis acted as the Sole Placement Agent, Sole Rating Advisor and Bookrunner of the Notes, and Administrative Agent of the Loan.

Cajamarca Transmission Line is a 370km, already-operational, transmission line in northern Peru connecting Carhuaquero to Moyobamba, via Cajamarca Norte and Cáclic. It is owned by BOW Power, the Madrid-based subsidiary of ACS Group and Global Infrastructure Partners.

The Notes were rated BBB- and the Loan and the Notes are pari passu. Natixis privately placed the Notes in an amount of US$100 million to three US Insurance Companies. The remainder of the financing was sourced by Natixis through a fixed-floating rate loan.