Rodopa Clinches RegS

Rodopa Clinches RegS

Brazil Bonds

Brazil's Rodopa Industria e Comercio de Alimentos has sold $100m in 2017 bonds, according to a source familiar with the sale. The B minus RegS deal priced at par with a 12.5% coupon, and was sold to private banking investors. Proceeds are destined to improve Rodopa's capital structure, refinance more expensive short-term maturities, and fund part of its expansion capital expenditures, according to S&P. The debt strengthens the beef and consumer products company's debt profile following the acqui

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