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Road Operator Prices First Widely-Marketed Infrastructure Debenture

Oct 12, 2012

Brazil's AutoBan has priced a BRL1.1bn ($539m) domestic bond that includes a tranche qualifying as aninfrastructure debenture, becoming the first widely-marketed deal to take advantage of the legislation allowing tax exemptions to investors, according to sources following the sale. The toll road operator owned by Companhia de Concessoes Rodoviarias...

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It’s going to be a tough road for [Maduro]. Given the blow to Chavismo with the death of Chavez, there is a real likelihood of some form of real change in Venezuela.

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