Brazilians Wrap Up Debenture Sales

Dec 24, 2009

Brazilian issuers have this week wrapped up debenture issues tight to initial pricing expectations. Toll-road operator Ecorodovias has priced a 3-tranche BRL600m deal. A BRL460m 2013 pays DI+1.5%, versus a maximum targeted spread of 2.0% over. The other 2 pieces were both BRL70m 2015s paying...

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