Cia Eletricidade Do Est Da Bahia-Coelba, founded in 1998 and headquartered in Salvador, Brazil, is a leading electric utility company that provides energy distribution services in the northeastern region of the country. The company focuses on delivering high-quality electricity to over 5 million customers while ensuring sustainable practices in energy consumption and supply.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CEEB 13.67% 2027-04-15 BRLCia Eletricidade Do Est Da Bahia-Coelba | Brazil | 2027-04-15 | 13.670 | 9.29 |
| CEEB 13.67% 2027-04-15 BRLCia Eletricidade Do Est Da Bahia-Coelba | Brazil | 2027-04-15 | 13.670 | 9.55 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Coelba has a significant history in the bond market, having issued its first bonds in 2000, primarily to finance infrastructure enhancements and expand its service capabilities. Noteworthy issuances include a 2015 debut of a BRL 1 billion bond, featuring a 10-year maturity and a competitive yield compared to industry peers. As of October 2023, Coelba's current bond yields remain attractive within the Brazilian energy sector, contributing to the company’s strong financial standing, while its bonds feature secure payment structures referred to as long-term fixed-rate notes.