Odebrecht Reopens Market for Brazil Corporates
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...
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.