Odebrecht Reopens Market for Brazil Corporates

Jul 29, 2013

Odebrecht has reopened the dollar bond market for Brazilian corporate issuers, raising $1.69bn after seeing $3.5bn in demand. Against a backdrop of continued EM bond outflows, a shift in US Treasuries and more bearish Brazil sentiment, Odebrecht generated sufficient Asian and Europen interest overnight before pricing the 2022 drillship securitization at 99.994 with a 6.75% coupon...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

Upcoming Events

Poll

Which area will be most profitable for investment banks in LatAm in 2016?

Vote    




Popular Searches