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Cemig Eyes 2010 Bond Sale

Nov 3, 2009

Brazil’s Cemig is planning a dollar bond sale next year, likely $500m at 10 years, to replace short-term debt used in this year’s acquisition of Terna Participacoes. “Next year there is the probability that we will raise funds in the international market,...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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