December 21, 2011
The Brazilian unit of Spain’s Isolux has completed a BRL140m ($76m) domesti
The Brazilian unit of Spain’s Isolux has completed a BRL140m ($76m) domestic bond transaction, according to Anbima. Isolux Energia e Participacoes will pay the DI+5.35% on the 2019 bond, amortizing twice a year beginning in 2013. Banco Votorantim managed the deal, done under the rule 476 restricted format. The Spanish renewable specialist plans to IPO its unit in Brazil – the recently anointed headquarters of its EM –wide operations – in 2012.