Telecom Upsizes Local Bond

Telecom Upsizes Local Bond

Brazil Bonds

Companhia de Telecomunicacoes do Brasil Central, known as Algar Telecom, has upsized a domestic bond sale to BRL274m ($135m) from BRL220m, according to regulatory filings. A BRL61m 2017 tranche pays the DI+1.4%, in from a DI+1.5% ceiling, and a BRL21

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