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SP Road Authority Plans ABS

May 20, 2010

Sao Paulo’s Departamento de Estradas e Rodagem is planning to raise BRL708m through an FIDC local market securitization, according to regulatory documents. The deal is backed by future payments coming from privatizations of 5 road concessions in the state of...

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“The greatest value in the next 12 months will be combination of corporates and local currency bonds”

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