Trinidad Generation Unlimited, the owner-operator of the biggest power plant in Trinidad and Tobago, has closed its first international bond offering.

Represented by a Paul Hastings team in New York, the 720-megawatt, combined-cycle, gas-fired plant issued $600 million in 5.25 percent senior unsecured notes due Nov. 4, 2027. Credit Suisse, Scotiabank and the Royal Bank of Canada were the underwriters.