The net cash proceeds from the offering are estimated to be US$ million, after deducting estimated fees and expenses. We intend to use the net proceeds for general corporate purposes, including repayment of certain short-term and intercompany indebtedness.
Pending such use, we may temporarily invest the proceeds.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
Empresa Nacional de Electricidad: Significant Event - Nov. 28, 2014
Empresa Nacional de Electricidad: Significant Event - Nov. 5, 2014