Brazilian Miner Taps Dollar Market

Oct 22, 2013

Brazil’s Samarco Mineracao has raised the maximum $700m allowed in its second ever international bond sale. Books on the new 10-year USD benchmark reached $5.6bn, allowing the issuer to tighten by 32bp. The privately-held mining company priced the 2023 at 98.879 with a 5.75%...

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