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QG Developer Raises Local Debt

Jul 6, 2012

Queiroz Galvao Desenvolvimento Imobiliario has completed the sale of BRL170m ($84m) in domestic bonds, according to Anbima. The residential developer’s 2017s pay 120.5% of the DI, and amortize in 4 equal parts starting in year 4. Bradesco managed the sale, done under the rule 476 restricted format.


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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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