Triunfo Unit Wraps Up Local Debt

Triunfo Unit Wraps Up Local Debt

Brazil Bonds

Vessel-Log, a subsidiary of Brazil's Tirunfo, has finalized a BRL145m ($71m) debenture sale, according to Anbima. The inflation-linked transaction includes BRL29m in 2016 notes paying 7.6% and BRL116m in 2017 notes paying 7.6%. BTG Pactual managed the sale, done under the rule 476 restricted format. Meanwhile the parent is scheduled to start bookbuilding next week for a BRL350m domestic bond in the widely-distributed market. Triunfo is offering a 2017 bond paying the DI plus up to 2.3% and amort

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