CVRD Prices Record $1.9bn Convert
Jun 20, 2007
Brazilian mining giant CVRD sold a $1.9bn two-tranche offering of mandatory convertible preferreds Tuesday, the first such hybrid offering from the region in recent memory, and probably the biggest ever. The shares, which carry a 5.50% coupon and a 26.00%...
Already have an account?
Subscribe
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Subscribe
Free trial
Take a free two-week trial now for the latest news, data and market analysis.
Free Trial