Sugar Processor Tightens DCM Debut
Brazilian sugarcane processor Tonon Bioenergia has priced a $300m 2020 NC4 bond, increasing its cross-border debut from an initially planned $200m as investors filled a book that reached $1.4bn. Tonon was able to use investor demand for yield and an increase in risk appetite to ratchet down pricing from high 9%-area initial price thoughts to...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.